Bloomberg News

Russian Will Ship 4.7% More Crude Oil From Four Ports in April

March 30, 2010

Russia, the world’s largest oil producer, plans to increase daily shipments of Urals and Siberian Light crude from four Baltic and Black Sea ports by 4.7 percent in April, the loading schedules show.

Russia will ship 2.52 million barrels of oil a day from the Baltic port of Primorsk and from Novorossiysk, Tuapse and Yuzhny on the Black Sea, according to the signed loading program compiled by OAO Transneft, Russia’s oil-pipeline operator. Exports from the four ports were forecast to average 2.41 million barrels a day this month.

Preliminary schedules indicated the country would ship 2.46 million barrels a day.

About 1.44 million barrels a day will be exported from Primorsk, compared with 1.49 million barrels a day in March, according to the schedule. Shipments in April will average 792,617 barrels a day from Novorossiysk, 175,920 a day from Yuzhny and 107,507 from Tuapse.

Shipments of crude from the Polish port of Gdansk, through which Russian oil is exported, will average 145,378 barrels a day. The total from all five ports is estimated at 2.66 million barrels a day.

Russia also plans to increase shipments of ESPO crude from its Pacific port of Kozmino by about 10 percent next month, an earlier schedule showed.

To contact the reporter on this story: Alexander Kwiatkowski in London at akwiatkowsk2@bloomberg.net; Grant Smith in London at gsmith52@bloomberg.net

To contact the editor responsible for this story: Stephen Voss on sev@bloomberg.net


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