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Title: Major Engineering Project – Eastern Siberia-Pacific Ocean Oil Pipeline

In: Science

Submitted By nake
Words 427
Pages 2
Firstly, let me say, why I think we need these reflective journal entries? My impression that journal helps us to understand engineering job more deeply and makes us to engage industry issues; in addition, it helps us to reveal our preferences. However, I want to notice that these two paragraphs do not show my real interest. Just because of condition that project should be related with previous written engineering disciplines compelled me to do it.
Project for today is Eastern Siberia-Pacific Ocean oil pipeline transporting crude oil extracted from Russian oilfields to the Asia-Pacific ‘hungry’ oil refinery markets such as China, Japan and Korea. The idea of creating such pipeline was proposed since USSR period, but not implemented. However, in 2004 it was decided to run pipes from East Siberian Taishet to Pacific Pervoznaya. Construction works of first stage of this pipeline began in April 2006 and finished in April 2009. After establishing oil flow through first line, the construction works of second stage started including bifurcation of pipes of 1963 km long section from Skovorodino to the Pacific Ocean region terminal Kozmino. The investment attracted to the first stage estimated at approximately &14bn. If talking about second stage, the overall investment is even more and approximate completion could be in 2014 and it is estimated to have a capacity of 25-30 mn. tons of oil per year.
This pipeline is special for both political and economic reasons. My impression that if Russia carry out this grandiose plan, oil price would decrease slightly because of high competence among oil exporter countries such as Saudi Arabia, Iraq, Iran, UAE as well as Russia. Assuming that China replaced USA as the largest consumer of crude oil and high demand of oil in Asian refineries, cooperation of Russia and Asia-Pacific region could be significant and play leading role in the...

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