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Diesel exports from Russia's Primorsk for March 1-10 expected to rise 13% m/m, data shows

MOSCOW, March 10 (Reuters) - Loadings of ultra low-sulphur diesel from the Baltic Sea port of Primorsk over March 1-10 are set to have risen to 630,000 metric tons, data provided by trade sources and Reuters calculations show.

That would be a 13% increase from 560,000 tons in the same period of February.

Diesel exports from Primorsk are rising as cargoes stored due to harsh weather and a shortage of tankers are now being shipped.

Several refineries are also back online after unplanned maintenance, increasing fuel production while domestic demand remains seasonably low.

Global demand driven by the Middle East conflict is another factor driving diesel exports from the Russian port, traders said.

Several large Middle East refineries have declared force majeure due to disrupted oil supplies, leading to diesel shortages.

Most of the diesel cargoes loaded in Primorsk between March 1 and 10 are heading to Turkey and Brazil, LSEG data shows.

(Reporting by Reuters in Moscow.
Editing by KIrsten Donovan)

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