Russia’s seaborne oil product exports in November rose 5.6% from a month earlier to 9.059 million metric tons on increased fuel production after main seasonal and unplanned refineries maintenance was completed, data from industry sources and Reuters calculations showed.

Offline primary oil refining capacity in November stood at 2.4 million tons from 4.6 million tons in October, Reuters calculations, based on data from industry sources, showed.

A decline in idle capacity means refineries consume more feedstock to produce oil products.

Total oil product exports via the Baltic ports of Primorsk, Vysotsk, St. Petersburg and Ust-Luga increased 7.3% in November from the previous month to 5.078 million tons, data from market sources showed.

Fuel exports via Russia’s Black Sea and Azov Sea ports last month rose by 2.3% from October to 3.272 million tons.

Oil product export supplies from Russia’s Arctic ports of Murmansk and Arkhangelsk increased 99.1% month-on-month in November to 94,600 tons.

Fuel export loadings at Russia’s Far East ports rose 3% last month from October to 614,600 tons, data from sources and Reuters calculations showed.
Source: Reuters (Reporting by ReutersEditing by Louise Heavens)