FSU Oil Trade in June 2013

Source: OPEC 7/22/2013, Location: Asia

In May, total crude oil exports from the former Soviet Union (FSU) declined by 338 tb/d or 5% to average 6.5 mb/d. Crude exports travelling through Russian pipelines declined as well, by 305 tb/d or 7%, to average 4.1 mb/d.

Shipments from the Black Sea dropped by 16 tb/d or 2% to average 757 tb/d; the Kozmino shipments increased by 35 tb/d or 9%. Exports transported via Russian and Kazakh rail lines both dropped last month by 86 tb/d and 85 tb/d, or 40% and 41%, respectively. Loadings of CPC and BTC blend increased by 115 tb/d and 58 tb/d, respectively, to average 709 tb/d and 736 tb/d. FSU total product exports decreased by 131 tb/d or 4% from last month to average 3 mb/d. This drop in product exports came on the back of lower export quantities of VGO and naphtha; these decreased from last month’s level by 106 tb/d and 44 tb/d, respectively.

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