June 2009
Burgas – AlexandroupolisPipeline
Christos DimasManager of TBP GreeceTechnical Coordinator of TBP-BV – The NetherlandsGeneral Manager of HELPE-THRAKI A.E. (Greek Participant)
IENE3rd Energy Dialogue
Thessalonica18-19 June 2009
June 2009
Russian and Caspian Main Oil Fields
Taishet
Dqing
Baku-
LegendMajor Oil basins
Barents Sea
Timan Pechora
East Siberia
West Siberia
Caucasus & Caspian
Volga Urals
Sakhalin
Tengiz
2
June 2009Russian and Caspian Crude Oil Production(Million Metric Tons)
3
June 2009Russian and Caspian Crude Oil Exports(Million Metric Tons)
4
June 2009
Russian and Caspian Main Crude Export Routes
TaishetScovorodino
Daqing
Kozmino
Primorsk
Murmansk
Alashankou
Atasu
KumkolKenkiyak
Baku
Novorossiysk
Ceyhan
Burgas-Alex/ lis
LegendExisting crude pipelines
Planned crude pipelines
Major Oil basins
Barents Sea
Timan Pechora
East Siberia
West Siberia
Caucasus & Caspian
Volga Urals
Far East &Sakhalin
Tengiz
Odessa
Supsa
5
June 2009
OIL CONCENTRATION IN THE BLACK SEAAND THE BOSPORUS STRAITS
6
June 2009Black Sea
Crude Oil Export Alternatives Bypassing the Straits
A. Odessa – Brody – Baltic Sea
B. Constantza – Trieste
C. Burgas – Flore
D. Burgas – Alexandroupolis
E. Kiykoy – Ibrice
F. Samsun - Cheyhan
Kurmangazy
Augusta
Trieste
Omishali
Brody
Feneshlitkye
Unecha
Odessa
Constanta
BurgasAlexandroupolis
Ceyhan
Baku
Supsa
Novorossiysk
Tengiz
Samara
Tscheljabinsk
from Surgut
ToUS-Market
Sisak
Plotsk
Gdansk
existing pipeline
planned pipeline
Tanker transport
Vlore
Aktau
Kashagan
Karatschaganak
Makhachkala
Tehran
Tikhoretsk
Batumi
CPC Pip
eline
OVERVIEW MAPCRUDE CRUDE OILOIL EXPORTEXPORTCHAINSCHAINS
Atyrau
Neka Port
Tuapse
A. C. G.Mega Structure
Oil Field
Augusta
Trieste
Omishali
Brody
Feneshlitkye
Odessa
Ceyhan
Baku
Tengiz
Samara
Tscheljabinsk
from Surgut
Sisak
Plotsk
Gdansk
Vlore
TO CHIN
A
Makhachkala
Tehran
Samsun
Atyrau
Neka Port
Tuapse
Balti
c S
ea
Alexandroupolis
B
C
D EF
A
Kashagan
Kurmangazy
Supsa
Primorsk
Tikhoretsk
Novorossiysk
VentspilsButing
Constanta
Unecha
Aktau
Mega StructureA. C. G.
TO
CH
INA/J
APAN
TH
RO
UG
H S
IBER
IA
Black Sea
ToUSA and
North Europe
Kiykoy
Ibrice
Burgas
Kurmangazy
Augusta
Trieste
Omishali
Brody
Feneshlitkye
Unecha
Odessa
Constanta
BurgasAlexandroupolis
Ceyhan
Baku
Supsa
Novorossiysk
Tengiz
Samara
Tscheljabinsk
from Surgut
ToUS-Market
Sisak
Plotsk
Gdansk
existing pipeline
planned pipeline
Tanker transport
Vlore
Aktau
Kashagan
Karatschaganak
Makhachkala
Tehran
Tikhoretsk
Batumi
CPC Pip
eline
OVERVIEW MAPCRUDE CRUDE OILOIL EXPORTEXPORTCHAINSCHAINS
Atyrau
Neka Port
Tuapse
A. C. G.Mega Structure
Oil Field
Augusta
Trieste
Omishali
Brody
Feneshlitkye
Odessa
Ceyhan
Baku
Tengiz
Samara
Tscheljabinsk
from Surgut
Sisak
Plotsk
Gdansk
Vlore
TO CHIN
A
Makhachkala
Tehran
Samsun
Atyrau
Neka Port
Tuapse
Balti
c S
ea
Alexandroupolis
B
C
D EF
A
Kashagan
Kurmangazy
Supsa
Primorsk
Tikhoretsk
Novorossiysk
VentspilsButing
Constanta
Unecha
Aktau
Mega StructureA. C. G.
TO
CH
INA/J
APAN
TH
RO
UG
H S
IBER
IA
Black Sea
ToUSA and
North Europe
Kiykoy
Ibrice
Burgas
7
June 2009Flows of Eurasian Crude Oil Through the Bosporus(Million Metric Tons)
8
June 2009
9
BURGAS – ALEXANDROUPOLIS PIPELINE
June 2009
10
June 2009PROJECT BACKGROUND
1993-1994 Athens • Establishment of THRAKI S.A, which is the initiator and promoter of the project..
Feb. 1998 Athens • Establishment of the J/ V HELPE S.A. – THRAKI S.A., the Greek participant in the project.
Jan. 2002 Project Studies
• Extensive studies completed by ILF Consulting Engineers.
Nov. 2004 Athens • Political Memorandum initialed among Bulgaria, Greece and Russia.
Jan. 2005 Moscow • Legal and economical transit framework initially agreed.
• Group of Initiating Companies (GIC) created.
Apr. 2005 Sofia • Russia, Bulgaria and Greece signed a Memorandum on cooperation.
Sep. 2006 Athens • Russia, Bulgaria and Greece signed a Trilateral Declaration of Cooperation.
Mar. 2007 Athens • Russia, Bulgaria and Greece signed an Intergovernmental Agreement.
6 Feb. 2008 Amsterdam • Incorporation of the International Project Company of the Project “Trans-Balkan Pipeline B.V.” in Netherlands.
Oct. 2008 • Project Studies Update awarded to ILF. Completion expected by October 2009.
11
June 2009PRELIMINARY PROJECT CHARACTERISTICS FOR A CAPACITY OF 35 ÷ 50 MTA
Alexandroupolis Tank Farm and Marine Facilities
Pipeline
BurgasTank Farm and Marine Facilities
• Main Pipeline Length: 280 km• Overall Pipeline Length: 320 km• Pipeline Diameter: 42“• Capacity 35÷50 Mta
• Tank Farm Capacity: 480 ÷ 640.000 m3• Marine Facilities: 2 SPMs for 150.000 dwt
Tankers each
• Tank Farm Capacity: 900 ÷ 1.200.000 m3• Marine Facilities: 2 SPMs for 300.000 dwt
Tankers each
12
June 2009SOME MAJOR CONSULTANTS OF TBP
Allen & Overy LLP , Law Firm Société Générale, Corporate & Investment BankingKPMG, Audit AdvisorDeloitte & Touche (DT), Tax ConsultantILF Consulting EngineersEnvironmental Resources Management (ERM)Cambridge Energy Research Associates(CERA)
13
June 2009
14
Activities and Progress
June 2009
Location Selection – Burgas
Location Selection – Alexandroupolis
Route Selection
Environmental Studies and Management
Legal Issues - Authority Engineering
Survey and Engineering Works
Overall Time Schedule
Procurement Strategy
Public Consultation Procedures
HGA Issues
Land Acquisition Issues
CURRENT ACTIVITIES
15
June 2009
16
Thorough investigations have been carried out for various
alternatives
Consultations with authorities, communities and NGOs during
November 2008 and January, March, April, May and June 2009
Pre-selection done, detailed selection in progress
Status Report Engineering Services Location Selection
June 2009
17
Throughout planning, development and implementation of the project, TBP is committed to:
protecting the environment;
respecting local communities and cultural heritage;
safeguarding public health and occupational health and safety;
employing best available technologies;
applying highest safety standards to minimise any risks;
applying international best practice Environmental and Social
performance Standards to develop the Project, and
working in a constructive and continuous dialogue with the population in
the project area , PCDP ( Public Consultation and Disclosure Plan), NGOs
and the relevant authorities and other stakeholders.
TBP’s Values and Principles
June 2009
Legislation and Standards about the Environment
For the BAP Project Environmental and Social studies and assessments will be undertaken which will be guided by the requirements of:
Bulgarian and Greek national legislation;
EU Directives (including the Habitats Directive, the EIA Directive and the IPCC
Directive, the Birds Directive, Water Framework
Directive and the Marine Strategy Framework Directive);
International Conventions (including the Black Sea and MARPOL
Conventions); and
International Standards such as the Performance Standards of the
International Finance Corporation‘s (IFC’s).
18
June 2009
Public Consultation and Disclosure Process
The BAP Project in each country follows the regulatory public consultation and disclosure process in accordance with the relevant national legislation, EU Directives and the Aarhus and Espoo Conventions in line with international best practice.
Consultation is being held with Statutory Stakeholders, NGOs and members of the public in the project area. This is happening in the following three main stages:
Siting and Routing.
Scoping meetings.
ESIA Review.
19
June 2009
– Pipeline Consortium Burgas-Alexandroupolis LtdGazprom NeftRosneftTransneft
RUSSIAN SIDE( 51 % )
BULGARIAN SIDE( 24.5 % )
GREEK SIDE( 24.5 % )
JSC Pipeline Burgas-Alexandroupolis BGTechnoexportstroy
HELPE – THRAKI S.A.Burgas-Alexandroupolis Oil Pipeline
Hellenic Petroleum S.A.Latsis Group ( 23,5% )Prometheus Gas Group
Greek State ( 1% )
TRANS-BALKAN PIPELINE BV SHAREHOLDERS
20
Slide Number 1Slide Number 2Slide Number 3Slide Number 4Slide Number 5Slide Number 6Black Sea �Crude Oil Export Alternatives Bypassing the StraitsSlide Number 8Slide Number 9Slide Number 10PROJECT BACKGROUNDPRELIMINARY PROJECT CHARACTERISTICS �FOR A CAPACITY OF 35 ÷ 50 MTASOME MAJOR CONSULTANTS OF TBPSlide Number 14CURRENT ACTIVITIESSlide Number 16Slide Number 17Legislation and Standards �about the Environment Public Consultation and �Disclosure ProcessSlide Number 20