LLC Vostokflot Service offers customers the ability to transfer ownership of crude oil, petroleum and petrochemical within the system. Contract preparation and inventory tracking associated with in-system transfers are handled by LLC Vostokflot service personnel for the convenience of our customers.
One-third of the barrels of crude oil in and out of LLC Vostokflot Service facilities are transfer between customers. Because of the size and location of LLC Vostokflot Service facilities, refineries can conveniently store their inventory at a central location, where they are able buy and sell barrels as needed without transporting the crude oil. In doing so, custody title transfers allow refineries to handle market upsets and emergencies while maintaining detailed inventory management.
LLC Vostokflot Service provides a well-developed marketplace for our customers by recording and documenting transfers and sales of oils in the storage facility, maintaining efficiency from beginning to end, and providing seamless, easy transfers for our customers.