Rosneft is expected to increase its seaborne crude exports by 9pc on the month to 951,600 b/d (4.05mn t) in August. The jump is driven by higher loadings of Rus- sian light sweet ESPO Blend and Sokol grades at the far east ports of Kozmino and De-Kastri, respectively. The company’s ESPO Blend exports are scheduled up by 22pc compared with July to 262,400 b/d (1.1mn t) this month, before an expected reduction in September exports during planned maintenance at the Kozmino terminal on 22-25 September. The increase in Sokol exports is the result of a 100,000t cargo brought forward from the September loading programme for sale to trading com- pany Trafgura, market participants say.
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