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FSU Oil Trade in April 2014

Source: OPEC 4/30/2014, Location: Asia

In February, total crude oil exports from the former Soviet Union (FSU) increased by 93 tb/d or 1.5% to average 6.3 mb/d. Crude exports through Russian pipelines increased by 79 tb/d or 2% to average 4 mb/d. Shipments from the Druzhba pipeline to Central and Eastern Europe increased by 23 tb/d or 2.3% to average 1,044 tb/d. Black Sea exports increased by 40 tb/d or 6% to average 661 tb/d, while exports from the Baltics increased by 42 tb/d or 3% to average 1,355 tb/d in February. Loadings of CPC Blend rose 163 tb/d or 22% from January to average 905 tb/d.

FSU total product exports rose by 285 tb/d or 9% from the previous month to average 3.5 mb/d. This increase in product exports was mainly supported by increased volumes of gasoil and naphtha, which rose by 146 tb/d and 118 tb/d, respectively. On the other hand, gasoline exports declined in February by 62 tb/d or 33% from the previous month.



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