Russian Urals Oil Exports Seen Up in North, Down in Novo in Sept

Russia will boost its Urals crude oil exports from the Baltic Sea ports, while supplies from the Black Sea outlet of Novorossiisk are seen declining next month, a preliminary schedule showed on Wednesday.

 

Russia is set to cut its daily Urals crude oil exports from the Black Sea port of Novorossiisk by 4 percent in September to 1.94 million tonnes from 2.09 million tonnes planned for August.

 

Supplies from the Baltic Sea port of Primorsk are seen rising by 19 percent to 3.8 million tonnes next month from 3.3 million tonnes expected this month.

 

Shipments from the neighbouring Ust-Luga are expected to jump by 29 percent to 2.5 million tonnes in September from 2 million tonnes in August.