Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Russia Adds Four Crude Lots From January to Next Month’s Program

Don't Miss Out —
Follow us on:

Jan. 29 (Bloomberg) -- Russia revised its crude export program for February from Novorossiysk to include four shipments from this month after storms and a pipeline leak disrupted operations at the Black Sea port.

Novorossiysk will ship 3.222 million metric tons of crude in February, or 843,000 barrels a day, according to a final loading program obtained by Bloomberg. That includes 450,000 tons previously scheduled for this month.

Shipments from the port were delayed this month by a week of bad weather and a leak from a OAO Transneft pipeline last weekend. Flows were restored today, Igor Dyomin, a spokesman for Transneft, said by phone. Novorossiysk will handle three 80,000 ton cargoes of Siberian Light crude and 27 lots of Urals blend, according to the final plan.

Daily crude shipments from Russia’s Baltic Sea ports will fall 8.3 percent in February as planned pipeline maintenance reduces flows to Primorsk. The repairs will take place in mid-February, Dyomin said yesterday.

A total of 4.3 million tons, or 1.13 million barrels a day, of Urals will be shipped from the port of Primorsk, according to the schedule, with no shipments planned from Feb. 13 to Feb. 16. That compares with 1.28 million barrels a day in January.

Ust-Luga will export 15 Urals lots of 100,000 tons each, or 393,000 barrels a day, up 3.8 percent from planned daily shipments this month. That is two 100,000 ton shipments more than in a preliminary plan obtained Jan. 25.

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 reporter on this story: Jake Rudnitsky in Moscow at jrudnitsky@bloomberg.net

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.