Russia Urals Exports From Two Main Ports Unchanged in July

Russia’s two largest oil export facilities will keep combined daily shipments of Urals crude in July unchanged from this month at 2.2 million barrels, according to a final loading schedule obtained by Bloomberg News.

A total of 55 cargoes of 100,000 metric tons each will be exported from Primorsk on the Baltic Sea in July, one less than the preliminary plan released on June 27. That’s equivalent to 1.3 million barrels a day, down 8.2 percent from this month.

Urals exports from Novorossiysk on the Black Sea will be 35 shipments totaling 3.806 million tons, or 899,935 barrels a day, 15 percent more than this month. This compares with 3.795 million tons in the provisional schedule.

The world’s largest oil producer plans to export 13 cargoes of East Siberian Pacific Ocean pipeline crude, or ESPO, from the Far East port of Kozmino near the city of Nakhodka in July, unchanged from this month and 14 lots in August, the plan showed. Each shipment is 100,000 tons.

Exports of Siberian Light crude will be four consignments totaling 290,000 tons from Tuapse on the Black Sea, compared with 450,000 tons this month, the plan showed.

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

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

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