Russia’s two largest crude oil export facilities will keep combined shipments little changed in February, according to a final loading schedule.
Shipments from Primorsk will increase by 0.5 percent to 1.28 million barrels a day while exports from Novorossiysk will fall 2.5 percent to 861,275 barrels a day from January. That means total cargoes from the two ports will decline to 2.14 million barrels a day, from an estimate of 2.16 million in January.
The total volume from the two ports are higher than 2.11 million barrels a day in the preliminary program.
Exports from Primorsk, on the Gulf of Finland, pass through the Baltic Sea. Cargoes from the Black Sea port of Novorossiysk are shipped through Turkey’s Bosporus strait to refiners in the Mediterranean and elsewhere.
Russia will also ship 165,972 barrels a day of Urals from Poland’s Gdansk port on the Baltic Sea. Exports of Siberian Light from Tuapse on the Black Sea will be 106,023 barrels a day, up 1.2 percent from January, the plan shows.
Russia will export 287,964 million barrels a day of East Siberian Pacific Ocean pipeline crude from the port of Kozmino in February, 1.5% higher than January, according to the schedule.