Baltic Pipeline System Baltic Pipeline System The Baltic Pipeline System (BPS) is a Russian oil transport system operated by the oil pipeline company Transneft. The BPS transports oil from the Timan-Pechora region, West Siberia and Urals-Volga regions to Primorsk oil terminal at the eastern part of the Gulf of Finland. The project started in 1997 and construction was completed in December 2001. In April 2006 the Baltic Pipeline System reached full design capacity. Main elements of the BPS-1 are: The capacity of the BPS-1 is 76.5 million tons of oil per year. During planning and construction stages the project was criticized by environmentalists,
Central Asia–Center gas pipeline system proposed to renovate existing systems and construct a new parallel pipeline to the western branch. On 12 May 2007, Vladimir Putin of Russia, Nursultan Nazarbayev of Kazakhstan and Gurbanguly Berdimuhamedow of Turkmenistan signed a memorandum for renovation and expansion of the western branch of the pipeline. On 20 December 2007, Russia, Turkmenistan and Kazakhstan finalized agreement on construction of the Caspian Coastal Pipeline parallel to the existing CAC-3 pipeline (known as Bekdash–Europe pipeline or Okarem–Beineu pipeline). Almost all Uzbek and Turkmen natural gas is delivered through the CAC pipeline system, mainly through the eastern branch due to location of production