“Rosneft” and “Lukoil” reduce oil exports from the port of Novorossiysk

“Rosneft” and “Lukoil” reduce oil exports from the port of Novorossiysk


Russian oil companies “Rosneft” and “Lukoil” will sharply reduce oil exports from the port of Novorossiysk on the Black Sea.

The two companies’ total Novorossiysk oil loads will fall by 220,000 barrels per day in July compared to June, Reuters reports.

Last week, the Russian government decided to continue exporting gasoline without restrictions in July, as Russian refineries allegedly produce enough oil products to meet peak seasonal demand, despite Ukrainian drone attacks.

Rosneft oil exports from Novorossiysk will drop to 0.62 million tons in July from 1.06 million tons in June. Lukoil’s exports from the port will decrease to 0.19 million tons in July from 0.58 million tons last month.

Total oil loads in Novorossiysk in July were set at 1.8 million tons against 2.9 million tons in June.

We will remind you that on the night of Wednesday, July 3, the Russian media reported about explosions and a fire near the port of Novorossiysk. According to preliminary data, due to the attack of marine drones.

Novorossiysk is a port city with access to the Black Sea from the Krasnodar Territory, which became the main base of the Black Sea Fleet of the Russians after a series of successful attacks on their ships in the temporarily occupied Crimea.