Russia's October seaborne oil product exports down 7% on month, Reuters calculations show

Tatneft Imeni V.D. Shashina PAO

13/11/2024 10:38

MOSCOW, Nov 13 (Reuters) - Russia's seaborne oil product
exports in October fell 7% from a month earlier to 8.861 million
metric tons due to seasonal and unplanned maintenance at
refineries, data from industry sources and Reuters calculations
showed.
        Offline primary oil refining capacity in September stood
at 4.496 million tons, lowering fuel production and October port
loadings, Reuters calculations based on data from industry
sources showed. 
    Idle refining capacity rose to 4.6 million tons in October, 
which should reflect in November petroleum products exports.
    Total oil product exports via the Baltic ports of Primorsk,
Vysotsk, St. Petersburg and Ust-Luga decreased 4.5% in October
from the previous month to 4.891 million tons, data from market
sources showed.
    Fuel exports via Russia's Black Sea and Azov Sea ports last
month fell by 12.6% from September to 3.304 million tons, 
partly due to Rosneft's  ROSN.MM  oil refinery in Tuapse, which
has suspended processing since Oct. 1.
    Oil product export supplies from Russia's Arctic ports of
Murmansk and Arkhangelsk dropped 41.5% month-on-month in October
to 49,100 tons.
    Fuel export loadings at Russia's Far East ports rose 14.8%
last month from September to 616.400 tons after seasonal
maintenance finished on local refineries, data from sources and
Reuters calculations showed.

 (Reporting by Reuters
Editing by Mark Potter)