OPEC Monthly Oil Market Report – August 2017
total crude oil exports
from the former Soviet Union dropped by 408 tb/d, or 6%, to average
6.8 mb/d. Crude exports through Russian pipelines also declined by 360 tb/d, or 9%, to average 3.9 mb/d.
Total shipments from the
declined by 71 tb/d, or 10%, to average 631 tb/d. This drop follows
lower shipments from the Novorossiysk port terminal. Exports from the
were also lower by
233 tb/d in June, mainly due to shipments from the Primorsk port terminal declining by 302 tb/d. Exports from
the Ust Luga port terminal rose by 69 tb/d. Total shipments for the Druzhba pipeline went up by 12 tb/d to
average 986 tb/d, while Kozmino shipments declined by 102 tb/d, or 15%, to average 595 tb/d.
Exports through the Lukoil system showed no significant change from the previous month in the
, rising by 5 tb/d. Exports from the
were also stable, averaging 13 tb/d in June.
Total exports for the
Russian Far East
were down by 4 tb/d, or 1%, from the previous month as volumes
from the Aniva Bay port terminal dropped, although this was offset by higher exports from the de Kastri port
total exports dropped by 14 tb/d, to average 275 tb/d through the Kenkiyak-Alashankou.
total exports dropped by a slight 2 tb/d.
, BTC supplies showed a drop of 37 tb/d, or 5%, compared to the previous month
to average 699 tb/d.
In terms of products exports,
FSU total product exports
dropped m-o-m by 81 tb/d, or 3%, to average
3.1 mb/d. This drop came as a result of a decline in fuel oil, naphtha and jet, by 161 tb/d, 25 tb/d and 12 tb/d,