Russia's Surgut to Export Baltic Diesel

Posted by Joseph Keefe
Wednesday, May 14, 2014

Surgut to transport diesel by rail from its Kirishi refinery; Main diesel terminal in Primorsk reaches full capacity.

Surgutneftegas will start exporting diesel from the Baltic port of Ust Luga next month after extensive modernising upgrades to Russian refineries have created a surplus of higher grade fuels, traders said.

Russian refiners are struggling to find new ports to cope, with the Baltic's Primorsk already at full capacity.

Surgut, Russia's third-largest oil producer, plans to transport diesel by rail from its 420,000 barrels-per-day (bpd) Kirishi refinery in northwest Russia to Ust Luga.

From there it will be exported from the Sibur-Portenergo terminal owned by Sibur, Russia's top petrochemical company, the trading sources said.

Initial exports were expected to total around 60,000 tonnes of diesel per month, or roughly two cargoes. Most Russian diesel exports from the Baltic Sea go to Europe.

Europe's refineries have been hammered over the past year by growing imports of cheap and high quality diesel from Russia and the United States. Any further increase in imports will put even more pressure on refining margins in the region.

Acording to the sources, Sibur plans to expand the capacity of its terminal, used so far for exports of naphtha and liquid petroleum gas (LPG).

Surgut and Sibur declined to comment.

Diesel exports from the main Baltic terminal of Primorsk have reached the maximum capacity of nearly 1 million tonnes per month.

Traders have said Primorsk will export 10.16 million tonnes of diesel this year, up 26 percent from 2013

Russia's oil pipeline monopoly Transneft said in March it plans to boost diesel exports from the Baltic Sea port of Primorsk after 2016 to around 23 million tonnes a year.

Transneft is also planned to complete by the end of 2014 the construction of a pipeline from the Kirishi refinery to Primorsk.

Last December, Surgut launched a 98,000 bpd hydrocracker complex at the Kirishi refinery to allow it to increase production of high-grade, ultra low sulphur diesel.


By Ron Bousso and Natalia Chumakova

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

AET Names DP Shuttle for Statoil Charter

Petroleum tanker owner and operator AET today named its newest vessel, a 120,000 DWT DP2 shuttle tanker, Eagle Bergen.    Eagle Bergen is the second of two vessels

Jotun, COSCO Celebrate 10,000th Antifouling Applications

In July, Jotun and Dalian Ocean Shipping Company (a wholly-owned subsidiary of China Ocean Shipping Company, Cosco Group), celebrated the 10,000th application of SeaQuantum,

Asia Tankers-VLCC Rates Will See More Volatility

VLCC market to be "hot" in Q4 -VLCC broker. Freight rates for very large crude carriers (VLCCs) face a roller-coaster ride on uncertain cargo volumes and vessel

Energy

AET Names DP Shuttle for Statoil Charter

Petroleum tanker owner and operator AET today named its newest vessel, a 120,000 DWT DP2 shuttle tanker, Eagle Bergen.    Eagle Bergen is the second of two vessels

US Oil Drillers Cut Rigs as Crude Prices Collapse

U.S. energy firms cut a surprisingly sharp 13 oil rigs this week, the first drop in seven weeks, as a renewed slump in prices this summer forced drillers to make a second round of cut-backs.

Asia Tankers-VLCC Rates Will See More Volatility

VLCC market to be "hot" in Q4 -VLCC broker. Freight rates for very large crude carriers (VLCCs) face a roller-coaster ride on uncertain cargo volumes and vessel

Fuels & Lubes

Rapid Oil Spill Response Vessel Launched

Western Canada Marine Response Corporation (WCMRC) launched their newest oil spill response vessel in Burrard Inlet. The boat, named after former employee George Penman,

Total Lubmarine Resumes Full Service in Tianjin

Marine lubricants and greases provider Total Lubmarine informs it has resumed all services based out of the Port of Tianjin following the deadly explosions that rocked the port August 12.

LNG-fueled Box Ship a 'Momentous Step Forward'

On Saturday, August 29, 2015, the world’s first series of energy efficient containerships welcomed its second LNG-powered vessel in San Diego, fueling the U.S.

Government Update

Timing in Doubt on Hapag-Lloyd IPO

German container shipping group Hapag-Lloyd has taken further steps in preparation of a stock market listing and has mandated more banks for the move, but it remains

Australia's New Shipping Laws Threaten Loss of Jobs

The planned changes to Australia’s shipping laws would cause a 93% loss of Australian seafaring jobs a new report says.   More than nine in 10 domestic seafarers

Proposed Shipping Legislation to Jeopardise$100-million Investment in Australia

Australian-owned Bass Strait shipping operator SeaRoad Holdings has warned the Federal Government that its proposed Shipping Legislation Amendment Bill could jeopardise

Logistics

MSC Upgrades Europe-West Africa Service

As part of our objective to continually improve our services to customers, MSC is delighted to announce an upgrade to its Angola Express service with a first

Port Pipavav Berths its Largest Box Ship

APM Terminals Pipavav (Gujarat Pipavav Port Ltd.), a gateway port in western India, has berthed the largest container vessel in the Port Pipavav’s history, the terminal announced today.

Timing in Doubt on Hapag-Lloyd IPO

German container shipping group Hapag-Lloyd has taken further steps in preparation of a stock market listing and has mandated more banks for the move, but it remains

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2534 sec (4 req/sec)