Russia Pencils Lower Seaborne Exports for December

摘要

Russian pipeline monopoly Transneft has penciled in seaborne crude exports at 2.692 million barrels per day (11.383 million metric tons) in December, down from the 2.775 million b/d scheduled for November. The final loading programs were issued with a delay, which traders said was related to uncertainties over Baltic Sea exports. Exports from the Baltic Sea ports should drop significantly by 215,000 b/d in December to just 1.442 million b/d. The final port schedules, however, did not show plans for Primorsk. Under draft programs, deliveries from Russia’s flagship export outlet have been penciled in at 1.442 million b/d, down from 1.539 million b/d in November, due to maintenance at the port. Traders, however, say the final Primorsk schedule should come in at 1.419 million b/d.