Russian oil product exports from the Black Sea port of Tuapse are set to rise by 59.7% month-on-month in July to 0.99 million metric tons from 0.6 million tons scheduled for June, two traders said on Monday.

Export loadings will rise in July with traders expecting the resumption of oil products shipments from Rosneft’s ROSN.MM Tuapse refinery, market sources added.

The port tranships oil products from the Tuapse refinery, as well as fuel from other Rosneft refineries delivered to the port by rail.

Rosneft’s Black Sea oil refinery in Tuapse remained idle since drone attack on May 17.

The export-oriented Tuapse refinery with an annual capacity of 12 million metric tons (240,000 barrels per day) produces naphtha, fuel oil, vacuum gasoil and high-sulphur diesel.

Source: Reuters (Reporting by Reuters; Editing by Arun Koyyur)