Russian oil exports via Ust-Luga to fall in Q3 due to contamination

Moscow — Third-quarter flows of Urals crude via Russia’s Baltic port of Ust-Luga are set to slide to 2.8 million tonnes from 9 million scheduled for April-June, a plan showed on Monday, a result of contaminated oil crippling infrastructure capacity. Russia has agreed to take back some of the contaminated oil from the portion if […] More »