Russia Plans to Ship 2 Fewer Urals Cargoes in Early February

Russia plans to export two fewer cargoes of Urals from its ports in the first week of February, a provisional loading program obtained by Bloomberg News shows.

Shipments from the Baltic port of Primorsk from Jan. 31 to Feb. 7 will total 12 cargoes of 100,000 metric tons each, according to the plan. That compares with 13 lots in the equivalent period this month.

Three 100,000 ton consignments will load from Ust-Luga on the Baltic Sea over the same period, unchanged from this month, according to the schedule.

Russia will ship four lots of Urals from the Black Sea port of Novorossiysk in the first six days of February, totaling 440,000 tons, the program shows. That is one 80,000 ton cargo less than in January. The port will also ship an 80,000 ton consignment of Siberian Light grade crude over the period, unchanged from this month.

Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

To contact the reporters on this story: Rupert Rowling in London at rrowling@bloomberg.net; Jake Rudnitsky in Moscow at jrudnitsky@bloomberg.net

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

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