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Some Black Sea Crude Loadings Hit by Weather

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Crude exports out of Russia’s Novorossiisk port in the Black Sea have been suspended since November 17 because of storm activity according to Reuters sources.

  • "The terminal is closed due to a gale warning. We expect loadings to be shut for a couple more days", one of the sources said.
  • CPC Blend oil loadings from nearby Caspian Pipeline Consortium (CPC) terminal in Yuzhnaya Ozereyevka have been also suspended since yesterday due to bad weather.
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Crude exports out of Russia’s Novorossiisk port in the Black Sea have been suspended since November 17 because of storm activity according to Reuters sources.

  • "The terminal is closed due to a gale warning. We expect loadings to be shut for a couple more days", one of the sources said.
  • CPC Blend oil loadings from nearby Caspian Pipeline Consortium (CPC) terminal in Yuzhnaya Ozereyevka have been also suspended since yesterday due to bad weather.