Russian Crude Oil ExportFlows Set to Change

摘要

Big changes are looming in Russian crude oil export pat-terns this year. The main factor will be the launch of thenew Baltic Pipeline System-2 (BPS-2) export route,which is set to take volumes away from other destina-tions, while another game-changer is the dwindling flowof Siberian Light crude from the Black Sea port ofTuapse that could grind to a halt altogether.