Bloomberg News

Russia to Keep Early November Urals Oil Exports at 15 Cargoes

October 14, 2011

Oct. 14 (Bloomberg) -- Russia, the world’s largest oil producer, will maintain exports of Urals crude from its Baltic Sea port of Primorsk in the first five days of November, a partial loading schedule obtained by Bloomberg News showed.

Shipments, amounting to 10 cargoes, will total 1 million metric tons, or 7.3 million barrels, the plan showed.

Urals exports from Novorossiysk on the Black Sea for Nov. 1 to Nov. 5 will be five cargoes, including two 140,000-ton shipments and three 80,000-ton lots, also unchanged from this month, according to the program.

A 75,000-ton cargo of Siberian Light crude will be loaded from the Black Sea port of Tuapse on Nov. 2 to Nov. 3, the schedule showed.

The full shipping plan will be released later this month. Loading programs are schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

--Editors: Raj Rajendran, Rob Verdonck.

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

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


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