Russian oil exports seen surging from Baltic ports in Jan
By: Reuters | Dec 23 2014 at 08:25 AM
Exports of Russian crude oil blend Urals will rise sharply in January from the Baltic Sea ports on the back of a government decision to cut export duties, a preliminary export schedule showed on Tuesday.
Russia will raise crude oil exports from Primorsk to 3.6 million tonnes in January from 2 million tonnes in December.
The neighbouring port of Ust-Luga will increase Urals exports to 2.2 million tonnes next month from 1.672 million tonnes scheduled for loading in December.
A full January export schedule for the Black Sea port of Novorossiisk has yet to be released.