Russian Seaborne Crude Oil Exports Scheduled to Drop in January

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

31 Dec 2009

Russia, the world’s second-largest oil exporter, plans to reduce shipments of Urals and Siberian Light crude from four Baltic and Black Sea ports by 6.1 percent next month, according to the official loading schedule. Russia will ship 2.476 million barrels of oil a day from the Baltic port of Primorsk and from Novorossiysk, Yuzhny and Tuapse on the Black Sea, according to the official loading program compiled by OAO Transneft, Russia’s oil-pipeline operator. Exports from the four ports were forecast to average 2.637 million barrels a day this month. Schedules are subject to change.
About 1.466 million barrels a day will be exported from Primorsk, from 1.49 million barrels a day this month, according to the schedule. The daily plan also calls for 874,398 barrels from Novorossiysk, 59,113 barrels from Yuzhny and 76,847 barrels from Tuapse. The plans for Gdansk and Odessa were not available.
Additionally, Russia plans to ship 212,806 barrels a day of ESPO crude from the port of Kozmino on its Pacific coast. Exports from the terminus of the East Siberian-Pacific Ocean Pipeline began Dec. 28. At least 70,159 barrels a day of ESPO oil will be shipped in February, according to the schedule.

Source: Bloomberg