Uncertainty remains over ESPO oil exports

摘要

Moscow-The first export of Russia's new East Siberian crude oil blend at the beginning of 2010 was one of the most remarkable developments in the country's oil sector last year, but over the course of 2010 the volume and destination of future supplies kept buyers and industry observers guessing. Exports of the East Siberia-Pacific Ocean (ESPO) blend found increasing popularity among refiners in Asia last year and it is expected EPSO will become a new oil bench- mark once steady and sufficient flows of the blend are provided to the market.