Russian oil companies are ramping up exports of ESPO Blend crude oil through the Far Eastern port of Kozmino, from where they are largely shipped to China, the Kommersant newspaper reported on Thursday.

ESPO exports from Kozmino reached a record high of 925,000 barrels per day (bdp) this month, compared with 910,000 bdp in November, the newspaper reported, citing Kpler data. At least 85% of December’s volumes accounted for exports to China.
Source: Reuters