Russia reports on oil products export

Nov 15, 2002 01:00 AM

Russian exports of oil products from Baltic and Black Sea ports jumped to 1.735 mm bpd last month, a 25 % rise from October last year, an industry analyst said. Conrad Gerber of Geneva-based oil consultancy Petrologistics said, however, that last month's total was 85,000 bpd, or 4.6 % down, from September after a series of shipping problems, mainly in the Black Sea, caused delays in October to loadings.
"There were shipment problems, mainly weather-related and especially in the Black Sea, during October, so as a result we saw a surge in products exports in the first week of November," Gerber said. "I think that will settle down for the remainder of November. I'd expect November exports to be at least in line with October or perhaps a little higher," he told.

According to Petrologistics, fuel oil exports jumped year-on-year by 195,000 bpd to 770,000 bpd last month, a 34 % jump. Against September, fuel oil flows were 100,000 bpd or 11.5 % down, Gerber said. Russian exports of gas oil stood at 690,000 bpd in October this year versus 630,000 bpd last year, a 9.5 % rise. But last month's total was 35,000 bpd or 4.8 % lower than in September this year.
Petrologistics said exports of other oil products, principally gasoline, naphtha and jet fuel, had jumped to 275,000 bpd. This was 100,000 bpd higher than in October 2001, a huge 57 % surge. It was also 50,000 bpd or 22 % up on September this year, Gerber said.

Source: The Russia Journal Daily
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