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EASTERN SIBERIA-PACIFIC OCEAN (ESPO)

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The East Siberia-Pacific Ocean (ESPO) oil pipeline is an oil pipeline that starts from some oil fields in eastern Russia and extends to Asia Pacific countries such as Taiwan and China. The pipeline, which started to be built in the 1990s, was completed in 2010. ESPO transports oil from Russia's Tasetninskoye, Kuyumbinskoye, Verkhnechonskoye and Vankorskoye oil fields in Eastern Siberia. This oil is transported to the Kozmino Port on the Russian Far East coast via the ESPO pipeline and is exported to Asia Pacific countries by ships. The ESPO pipeline is one of the longest oil pipelines in the world, capable of transporting up to 80 million tons of oil annually. This pipeline allows more direct oil exports to Asia Pacific countries, unlike Russia's traditional oil exports to the West. This increases Russia's access to the Asia Pacific markets and contributes to regional energy security.

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