Oil exports from Russia’s western ports fall 15%
REUTERS/Ints Kalnins
Oil exports from Russia’s western ports fell about 15
percent below planned volumes after Ukrainian
attacks disrupted operations at Novorossiysk, Reuters reported
on Aug. 19, citing industry sources.
“Exports from the Baltic ports of Primorsk and Ust-Luga, along with the Black Sea port of Novorossiysk, were initially expected to be around 2.7 million barrels per day in August,” the report said.
“Oil exports from Novorossiysk, including Russian Urals oil and Kazakh KEBCO grade, have declined to about 0.4 million bpd compared to 0.8-1 million bpd in June and July, the traders said.”
Reuters also said that loading operations at Russian ports are more than two weeks behind schedule, with cargoes planned for export at the end of July departing only in recent days.
On Aug. 11, The Moscow Times reported that fuel
problems in Russia caused by new Ukrainian drone strikes on refineries had
affected at least 16 regions. Russia began importing gasoline from India,
Kazakhstan and Morocco to cope with shortages, the paper said. The Moscow Times
also reported that dictator Vladimir Putin’s approval rating fell five
percentage points to 66 percent, the lowest in nearly four years.
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