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Russia plans to cut oil exports to Poland by 23% QoQ in Q4 2021, exports overall to rise 3%
MOSCOW. Sept 17 (Interfax) – Russia’s schedule for exporting oil stipulates supplying 53.49 million tonnes in Q4 2021 against 51.86 million tonnes planned in Q3 2021, an overall rise of 3% quarter-on-quarter, according to a document that Interfax has reviewed.
The schedule envisages 3.64 million tonnes at Novorossiysk in the fourth quarter versus 3.5 million tonnes the previous quarter, 9.9 million tonnes against 9.4 million tonnes at Primorsk, 7.05 million tonnes versus 4.8 million tonnes at Ust-Luga, and 8.7 million tonnes against 8.5 million tonnes at Kozmino.
There are plans to export 880,000 tonnes in Q4 2021 versus 1.08 million tonnes in Q3 2021 to the Czech Republic. Oil exports to Slovakia are to remain unchanged at 1.45 million tonnes, with exports to Hungary to total 1.1 million tonnes against 1.35 million tonnes, to Germany to total 5.64 million tonnes versus 5.77 million tonnes, and to Poland to total 2.85 million tonnes against 3.7 million tonnes, or a decline of 23% quarter-on-quarter.
The schedule indicates supplies of 7.8 million tonnes to China via Skovorodino against 7.38 million tonnes in the previous quarter and 2.5 million tonnes through Kazakhstan via the Omsk-Pavlodar system against 2.57 million tonnes, respectively.
Kazakhstan plans to reduce transit through Russia at Ust-Luga from 1.9 million tonnes to 1.75 million tonnes and maintain supplies through Novorossiysk at 1.8 million tonnes. Azerbaijan and Turkmenistan will send 335,000 tonnes and 330,000 tonnes to Novorossiysk in Q4 against 255,000 tonnes and 540,000 tonnes, respectively, in Q3. Belarus will supply the same volume in transit to Germany as in the previous quarter – 450,000 tonnes.
According to the document, no supplies are planned to the refinery of OJSC Naftan in Novopolotsk in Q4, and 1.98 million tonnes will be delivered to the Mozyr Refinery against 2.36 million tonnes in Q3. In Q2, the schedule indicated supplies to the Naftan and Mozyr refineries of 2.25 million tonnes each.
On April 19, the United States Department of the Treasury lifted the moratorium on sanctions that had been in effect since October 2015 against Belarusian state oil and petrochemicals concern Belneftekhim, the concern’s representative office in the U.S., and seven enterprises that comprise the concern, including Naftan. According to the Treasury, only transactions with these companies that were necessary in order to complete cooperation with them were permitted until the end of the 45-day period on June 3, 2021.
As reported, major Russian oil companies stopped supplying crude to Naftan in May. The entire volume was sent by other subsoil users, that is, those termed ‘others’ in the official statistics.