OREANDA-NEWS. Vagit Alekperov, OAO LUKOIL President, and Vladimir Yakunin, President of JSC Russian Railways, have signed a supplement agreement to the agreement on developing railway transportation infrastructure around LUKOIL-II distribution and transfer terminal on Vysotsky island (Leningrad region).

Under the agreement, JSC Russian Railways will have reconstructed Vyborg traction substation, completed electric interlocking of Pikhtovaya railway station, installed automatic block system of the Vyborg-Pikhtovaya haul and performed other works by December 31, 2007, which would allow to increase petroleum cargo supply to the distribution and transfer terminal up to 12 million tons per year.

In 2005 freight handling capacity for the distribution and transfer terminal had been increased up to 7 million tons per year, in 2006 it reached 9 million tons per year.

In addition to that Vagit Alekperov and Vladimir Yakunin approved a number of joint measures of LUKOIL and Russian Railways for 2007 aimed at increasing of petroleum cargo transportation volumes from Perm refinery, Perm gas processing plant and Volgograd refinery through Osentsy and Tatianka stations.