Sovcomflot to build two tankers for TNK-BP

The Russian shipping group Sovcomflot OJSC plans to order two Suezmax-type tankers at United Shipbuilding Corporation OJSC for TNK-BP petroleum products shipping.

It is planned to build marine and river vessels for an integrated transportation system of Saratov oil refinery petroleum products shipping with their transhipment and storage in the ports of the Black Sea. TNK-BP founded in 2003 is one of the world?s ten largest private oil companies. Oil extraction deposits of the company are located in West and East Siberia as well as in Volga-Urals region.

50% of TNK’s shares is owned by British BP, another 50% is owned by Russian shareholders (25% – Alfa-Group, 12.5% each – Renove and Access Industries).