Russia plans to reduce diesel exports from its key western ports by a quarter this month amid seasonal refinery maintenance and government efforts to keep more fuel at home to ease growth in domestic prices.
Diesel loadings from Russian ports on the Black and Baltic Seas, including some batches from Belarus, are set at 1.874 million tons this month, down almost 25% from August’s plan, according to industry data seen by Bloomberg. That’s an equivalent of 466,000 barrels a day, down from some 600,000 barrels a day from last month’s schedule, Bloomberg calculations show.
The plan seen by Bloomberg only shows shipments of diesel delivered to ports by pipeline. Smaller volumes may also be sent by rail. Actual flows may differ, depending on the weather and demand from foreign customers. Pipeline operator Transneft PJSC, which compiles the loading schedules, didn’t respond to a request for comment on the September export plan.
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