Russia Hikes July Exports

摘要

Russian crude oil exports outside the former Soviet Union - by pipeline, rail and bypassing the network of national operator Transneft - averaged 4.62 million b/d (19.519 million metric tons) in July, a 19% jump on year-earlier levels and 12% up on June. Exports via the Transneft system to destinations outside the former Soviet Union averaged 4.081 million b/d, up 16% on the year, thanks mainly to higher shipments through the new Pacific port of Kozmino (IOD Aug.4,p3). The total was also 12% higher than in June, largely because of increased shipments from Black Sea ports and via the Druzhba pipeline to Europe.