Bloomberg News

Russia to Keep Oil Exports From Four Ports Stable Next Month

August 31, 2010

Russia, the world’s largest oil producer, plans to keep daily Urals and Siberian Light oil exports from four ports stable in September compared with this month, according to a preliminary loading schedule.

Shipments from the Baltic ports of Primorsk and Gdansk, and from Novorossiisk and Tuapse on the Black Sea, will average 2.42 million barrels a day in September, versus 2.41 million a day scheduled for this month, according to the official plan of OAO Transneft, Russia’s oil-pipeline operator. A preliminary schedule released last week showed exports rising 2.4 percent.

Primorsk daily shipments are scheduled to climb 3.3 percent to 1.34 million barrels while exports from Novorossiisk, which typically ship to refiners in the Mediterranean, will drop 2 percent to 825,847 barrels a day, according to the plan.

Tankers will load 146,600 barrels a day from Gdansk, 11.4 percent less than in August, and 102,864 barrels a day from Tuapse, up 2.9 percent, according to the schedule. The plan for Yuzhniy on the Black Sea isn’t available. Exports are scheduled at 113,497 barrels a day this month.

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

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


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