RUSSIAN cargo volumes heading to Asia from ports on the Black Sea, Baltic, and Arctic coasts plunged to their lowest in two months, reports Bloomberg.
Thirty tankers loaded 21.8 million barrels from russian export terminals, putting average seaborne crude flows at 3.12 million barrels a day, down 25 per cent against the week ended April 8.
At current rates of crude oil export duty, the week's shipments will have earned the Kremlin US$181 million, $60 million less than the previous week.
Flows of Urals and Siberian Light crude from terminals in the Baltic and the Black Sea fell 770,000 barrels a day, with the volume of crude leaving the Black Sea port of Novorossiysk down 60 per cent.
Meanwhile, shipments from the three eastern terminals on its Pacific Ocean coast were down 17 per cent to 205,000 barrels a day.
Cargoes from Murmansk dropped 15 per cent to 57,000 barrels a day.
Russia's production in the first week of April was down 500,000 barrels a day from March.
Pressure is mounting within the EU for an embargo on Russian oil and with many across the globe declaring they will stop handling the country's supplies.
Meanwhile, crude shipments from Russia's three eastern oil terminals recently showed a greater variety of destinations than previously.
While more crude went to China than anywhere else, more was shipped to Japan than at any time this year.
SeaNews Turkey
Thirty tankers loaded 21.8 million barrels from russian export terminals, putting average seaborne crude flows at 3.12 million barrels a day, down 25 per cent against the week ended April 8.
At current rates of crude oil export duty, the week's shipments will have earned the Kremlin US$181 million, $60 million less than the previous week.
Flows of Urals and Siberian Light crude from terminals in the Baltic and the Black Sea fell 770,000 barrels a day, with the volume of crude leaving the Black Sea port of Novorossiysk down 60 per cent.
Meanwhile, shipments from the three eastern terminals on its Pacific Ocean coast were down 17 per cent to 205,000 barrels a day.
Cargoes from Murmansk dropped 15 per cent to 57,000 barrels a day.
Russia's production in the first week of April was down 500,000 barrels a day from March.
Pressure is mounting within the EU for an embargo on Russian oil and with many across the globe declaring they will stop handling the country's supplies.
Meanwhile, crude shipments from Russia's three eastern oil terminals recently showed a greater variety of destinations than previously.
While more crude went to China than anywhere else, more was shipped to Japan than at any time this year.
SeaNews Turkey
