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According to foreign media on July 10, SINGAPORE - According to the latest monthly loading plan, the total amount of medium-sweet ESPO crude oil exported by Russia in August is expected to be 2.
7 million tons, an increase of 3.
85%
from July.
This is similar
to the loader from June 30 to August 1.
However, the average daily production in August will be 582088 barrels, up from the 577515 barrels
expected in July.
The plan shows that state-owned Rosneft held 10 cargoes in August, up from eight in July
.
Surgutneftegaz holds 8 August cargoes, similar to their allocation
in the July loading project.
Small producers, including Switzerland-based Tenergy, will hold a total of six shipments, unchanged from last month, while Gazpromneft and Lukoil will hold two shipments and one shipment in August
, respectively, according to the plan.
The August cargo was sold to Platts front-month Dubai crude for assessment
at a premium of approximately $2.
50-$2.
70/b.
In comparison, the insurance premium for loads above July 1 is about $3.
2 - 3.
4/barrel, and for shipments above July 2 is about $2.
5 - 2.
7/barrel
.
According to foreign media on July 10, SINGAPORE - According to the latest monthly loading plan, the total amount of medium-sweet ESPO crude oil exported by Russia in August is expected to be 2.
7 million tons, an increase of 3.
85%
from July.
This is similar
to the loader from June 30 to August 1.
However, the average daily production in August will be 582088 barrels, up from the 577515 barrels
expected in July.
The plan shows that state-owned Rosneft held 10 cargoes in August, up from eight in July
.
Surgutneftegaz holds 8 August cargoes, similar to their allocation
in the July loading project.
Small producers, including Switzerland-based Tenergy, will hold a total of six shipments, unchanged from last month, while Gazpromneft and Lukoil will hold two shipments and one shipment in August
, respectively, according to the plan.
The August cargo was sold to Platts front-month Dubai crude for assessment
at a premium of approximately $2.
50-$2.
70/b.
In comparison, the insurance premium for loads above July 1 is about $3.
2 - 3.
4/barrel, and for shipments above July 2 is about $2.
5 - 2.
7/barrel
.
