Russia's Baltic, Black Sea Oil Exports to Decline 2.2% in June

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

31 May 2009

Russia, the world's second-biggest oil exporter, plans a 2.2 percent decrease in daily shipments of Urals and Siberian light crude from five Baltic and Black Sea ports in June. Russia will ship a total of 2.69 million barrels a day from the Baltic ports of Primorsk and Gdansk and from Novorossiysk, Yuzhny and Tuapse on the Black Sea, according to the final loading schedule of OAO Transneft, Russia's oil-pipeline operator. This compares with 2.75 million barrels a day in May.
Figures for the Black Sea port of Odessa were not available. The comparative figure for May also excludes Odessa.
Russia will export about 815,000 barrels a day via Novorossiysk in June, about 11 percent down on May. Deliveries from Yuzhny and Tuapse will also fall next month, while shipments from Primorsk and Gdansk will rise, the data showed.

Source: Bloomberg