Bloomberg News

Fourth Urals Cargo for July Said to Be Dropped From Loading Plan

July 10, 2012

A fourth cargo of Russian Urals crude was dropped from the July loading program, according to three people with knowledge of the shipping schedule.

The 80,000 metric-ton consignment was originally planned for July 13 to July 14 shipment from Novorossiysk on the Black Sea, said the people, who declined to be identified because the information is confidential.

All four of the canceled cargoes were owned by TNK-BP, the Russian oil producer half-owned by BP Plc (BP/), according to a shipping plan. Loading programs are schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

Details of the cancellations were as follows. The volume is in tons.

Loading Date    Volume    Loading Port
July 13-14       80,000   Novorossiysk
July 19-20      140,000   Novorossiysk
July 14-15      100,000   Primorsk
July 23-24      100,000   Primorsk

To contact the reporters on this story: Sherry Su in London at; Jake Rudnitsky in Moscow at

To contact the editor responsible for this story: Stephen Voss at

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