Russia’s seaborne oil product exports in May were down 1.2% from April at 9.604 million metric tons, data from industry sources and Reuters calculations showed.

The biggest fall in fuel exports was at Russia’s Far East ports, where loadings decreased 31.1% month-on-month in May to 484,100 tons from 680,000 tons due to seasonal refinery maintenance, data from sources and Reuters calculations showed.

That was counterweighed by a rise in exports via the Baltic ports of Primorsk, Vysotsk, St. Petersburg and Ust-Luga, which were up 3.0% month-on-month at 5.386 million tons.

Fuel exports via Russia’s Black Sea and Azov Sea ports last month eased by 0.4% on a monthly basis to 3.698 million tons.
Oil product exports from Russia’s Arctic ports of Murmansk and Arkhangelsk – which are much smaller in volume than shipments from other points – also fell last month by 47.5% from April to 37,100 tons from 68,400 tons.
Source: Reuters