Russia’s seaborne oil product exports fell 4.2% in March from the previous month to 10.178 million metric tons due to unplanned maintenance at refineries and a uel export ban, data from industry sources and Reuters calculations showed.
Russia’s daily offline primary oil refining capacity has jumped by around a third in March to 4.079 million metric tons from February due to drone attacks, Reuters calculations based on data from industry sources showed.
Last month, a fire broke out after a Ukrainian drone attack at the Norsi refinery, Russia’s fourth largest refinery owned by Lukoil LKOH.MM, and at three oil refineries, controlled by Rosneft: Ryazan, Syzran and Kuibyshev.
Russia also imposed a six-month ban on gasoline exports from March 1 to keep domestic prices stable.
Total oil product exports via the Baltic ports of Primorsk, Vysotsk, St. Petersburg and Ust-Luga last month decreased 9.7% from February to 5.680 million tons, data from market sources showed.
Fuel exports via Russia’s Black Sea and Azov Sea ports rose in March by 7.2% from the previous month to 3.741 million tons.
Oil products export supplies from Russia’s Arctic ports of Murmansk and Arkhangelsk fell last month by 64.4% from February to 43,400 tons.
Fuel export loadings at Russia’s Far East ports decreased by 1.6% in March month-on-month to 713,000 tons, data from sources and Reuters calculations showed.
Source: Reuters reported by Reuters and edited by Louise Heavens
