Russia's ultra low-sulphur diesel exports from Primorsk to rise in Dec, traders say (updated)

Tatneft Imeni V.D. Shashina PAO

03/12/2024 12:29

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       MOSCOW, Dec 3 (Reuters) - Russia's exports of ultra
low-sulphur diesel (ULSD) from the Baltic Sea port of Primorsk
are set to rise by 23.2% in December to 1.4 million metric tons
from 1.1 million scheduled for November, two traders said on
Tuesday.
    Diesel exports are increasing on rising fuel production as
seasonal maintenance - and unplanned work - on refineries was
completed, market sources added.
    Russia expects to have 1.1 million tons of refining capacity
offline in December, down from 2.4 million in November, Reuters
calculations based on data from industry sources show.
    A decline in idle capacity means refineries consume more
feedstock to produce oil products.
    

 (Reporting by Reuters; editing by Jason Neely)