Russia's Seaborne Oil Product Exports Fell in March

Monday, April 15, 2024

Russia's seaborne oil product exports fell 4.2% in March from the previous month to 10.178 million metric tons due to unplanned maintenance at refineries and a uel export ban, data from industry sources and Reuters calculations showed.

Russia's daily offline primary oil refining capacity has jumped by around a third in March to 4.079 million metric tons from February due to drone attacks, Reuters calculations based on data from industry sources showed.

Last month, a fire broke out after a Ukrainian drone attack at the Norsi refinery, Russia's fourth largest refinery owned by Lukoil, and at three oil refineries, controlled by Rosneft: Ryazan, Syzran and Kuibyshev.

Russia also imposed a six-month ban on gasoline exports from March 1 to keep domestic prices stable.

Total oil product exports via the Baltic ports of Primorsk, Vysotsk, St. Petersburg and Ust-Luga last month decreased 9.7% from February to 5.680 million tons, data from market sources showed.

Fuel exports via Russia's Black Sea and Azov Sea ports rose in March by 7.2% from the previous month to 3.741 million tons.

Oil products export supplies from Russia's Arctic ports of Murmansk and Arkhangelsk fell last month by 64.4% from February to 43,400 tons.

Fuel export loadings at Russia's Far East ports decreased by 1.6% in March month-on-month to 713,000 tons, data from sources and Reuters calculations showed.


(Reuters - Reporting by Reuters; Editing by Louise Heavens)

Categories: Tankers Oil Asia Liquid Bulk

Related Stories

Subsea7 Secures Work at Black Sea Field off Türkiye

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Sapura Energy Rebrands to Vantris Energy

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Current News

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Subsea7 Secures Work at Black Sea Field off Türkiye

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

PXGEO Nets First Seismic Survey off Malaysia

SPE Offshore Europe 2025 set to drive transformational change for the energy sector

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Norwegian Oil Investment Will Peak in '25

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com