Oil: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

FSU Oil Trade in January 2012

Source: OPEC 2/18/2012, Location: Europe

Share |

Total FSU crude exports fell by 273 tb/d, or 4.1%, m-o-m to 6.40 mb/d in December. The fall might be attributed to the reduction in Transneft shipments through Baltic ports, a drop of 17.5%, or 178 tb/d, m-o-m, and Black Sea ports, a reduction of 11.5%, or 188 tb/d, m-o-m. Meanwhile, supplies from the far-eastern Kozmino terminal rose sharply by 23.4%, or 63 tb/d; the Druzhba system saw a moderate increase in exports of 2.7%, or 34 tb/d; and direct pipeline exports to China climbed by 5.4%, or 17 tb/d. This underpinned expectations that Russian producers would cut seaborne crude exports in February, in favour of more profitable domestic sales and deliveries along the Druzhba pipeline to Eastern Europe. Moreover, the planned launch later this year of the second leg of the 600 tb/d Baltic Pipeline System (BPS), which feeds Ust-Luga, is expected to put an end to Urals exports through the Polish port of Gdansk. Crude exports using the Baku-Tbilisi-Ceyhan (BTC) pipeline increased to 639 tb/d, or by 4.2%, in December after a planned production shutdown, which was caused by field maintenance in November. Shipments through Russia’s Transneft pipeline system declined by 5.6% to 4.23 mb/d. Exports of Kazakh crude to China through the Kenkiyak- Alashankou pipeline rose m-o-m in December by 4.9%, or 9 tb/d.

Exports of CPC Blend through the Caspian Pipeline Consortium (CPC) terminal at Novorossiysk were down by 62 tb/d, or 9.2%, m-o-m in December to stand at 615 tb/d. Exports of Sakhalin fell in December, bringing the overall figure from Russia’s far east to 247 tb/d, a decline of 9.9%, or 27 tb/d. Crude exports from Varandey terminal in northern Russia dropped to 51 tb/d from 53 tb/d. FSU total product exports were down in December by a marginal 1.1% to 2.39 mb/d, compared with the previous month. However, due to reduced domestic demand during the New Year holiday period, in particular, supplies of gasoline rose by 151 tb/d, or 84.1%. This was countered by decreases in jet fuel of 75.0%, or 3 tb/d; naphtha of 2.6%, or 5 tb/d; gasoil of 3.2%, or 22 tb/d; fuel oil of 2.8%, or 36 tb/d; and VGO of 16.0%, or 29 tb/d.

Oil News in Austria >>

Libya's NOC Denies Signing Crude-Gasoil Swap Deal
  Libya >>  8/27/2015 - Libya's state oil firm NOC will keep buying fuel products from refineries in the Mediterranean region to satisfy local demand, it said on Thursday, de...
Middle East Oil Supply – August 2015
Oman >>  8/26/2015 - Middle East oil supply is estimated to decrease by 0.10 mb/d in 2015 from the previous year to average 1.24 mb/d, unchanged from the previous MOMR. Th...

China Oil Trade - August 2015
China >>  8/24/2015 - China’s crude oil imports increased in June, following the drop recorded the month before. China’s crude oil imports went up by 1.7 mb/d or 31% in Jun...
Iran to Sell More Oil to S. Korea
  Iran >>  8/24/2015 - South Korea has agreed to buy more oil from Iran once western sanctions on Tehran are lifted following the July 14 deal between Iran and the six world...

China Oil Demand in August 2015
China >>  8/23/2015 - China’s oil demand came in stronger than initially expected in June with 0.49 mb/d growth y-o-y, which was higher than the average oil demand growth i...
East Libyan State Oil Firm Wants to Discuss Contracts with Oil Majors
  Libya >>  8/23/2015 - A state oil firm loyal to Libya's official government based in the east of the country has invited foreign oil firms to discuss existing oil purchase ...



Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Austria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |

More News

Oil & Gas Companies in Austria >>

Related Links

Countries Quick Links

00 AT BE BG CH CY CZ DE DK ES FI FR GR HR HU IE IT NL NO PL RO SE SI TR UK
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed