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Russia to Expand ESPO to 80M Tons by 2020

Russia plans to expand its East Siberia-Pacific Ocean, or ESPO, pipeline to 80 million tons, or 1.6 million barrels per day, by 2020, Energy Minister Alexander Novak said Wednesday.

Russia is pumping oil to Asia via ESPO, which ends up in the Pacific port of Kozmino and via the ESPO spur to China.

In 2013, ESPO shipped 18.3 million tons of oil which were loaded onto tankers in Kozmino while China got almost 16 million tonnes of oil via the ESPO spur.

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