As of March 7, Novorossiisk had to load some 0.38 million tonnes of February crude, and bad weather in the region may lead to more delays in exports from the port this month, two traders said. Oil loadings from Russia's Black Sea port of Novorossiisk in March were set at 2.18 million tonnes. Russia's February export plans for Primorsk and Ust-Luga ports were fulfilled. The ports loaded 6.1 million tonnes of Urals crude and 0.2 million tonnes of Kazakhstan's KEBCO oil. (Reporting by Reuters; editing by Barbara Lewis)
MOSCOW, March 7 (Reuters) - Russia's crude oil loadings
from its Baltic ports of Primorsk, Ust-Luga and Novorossiisk in
the Black Sea in February were some 10% below the target for the
month, Reuters calculations based on data from traders, shippers
and Refinitiv data showed.
The fall followed a sharp decline in exports from
Novorossiisk caused by bad weather. In February the port loaded
only 1.4 million tonnes of crude compared with the 2.38 million
tonnes planned, including 1.0 million tonnes of Russian fuel and
0.4 million tonnes of Kazakhstan's transit volumes.
Due to repeated storms Novorossiisk failed to load 0.98
million tonnes of crude from the February programme. Of this
0.82 million tonnes were carried over to March, while the
loading of 0.16 million tonnes was cancelled, the data showed.
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