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January Recovery in Urals Loadings from Baltic Ports Expected

OIL

Russian Urals crude loadings from Primorsk and Ust-Luga are expected to increase in January, according to partial loading schedules compiled by port agents.

  • Loadings of 1.5mbpd are expected in January compared to 1.13mbpd in December.
  • Primorsk loadings from Jan 1-14 equates to 838kbpd compared to 591kbpd in December. Loadings were disrupted last month after a four day outage probably due to maintenance.
  • Ust-Luga loadings from Jan 1-21 equates to 698kbpd compared to 544kbpd in December.
  • The loadings program for Novorossiysk is not yet available.


Source: Bloomberg

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