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Russia has decided to limit oil exports – media

In the ports of Primorsk and Ust-Luga, the transit of the Urals in December is planned at the level of 5.5-5.7 million tons against 6 million tons in November.

Russia reduced its plan to export Urals and Siberian Light oil through Baltic Sea ports and Novorossiysk from 8.5 million tons in November to 7.7-7.9 million tons in December. Kommersant announced this the other day.

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Thus, in the ports of Primorsk and Ust-Luga, the transit of the Urals in December is planned at the level of 5.5-5.7 million tons against 6 million tons in the November plan.

Shipments of Urals and Siberian Light oil at the port of Novorossiysk are planned to be reduced from 2.47 million tons in November to 2.24 million tons in December.

It was noted that transit to Novorossiysk in November was reduced due to storms, so many positions from the November plan were postponed to December.

It can be remembered that in early December, more than 30 countries in the world set a ceiling on the price of oil from Russia at $60 per barrel. An embargo on offshore oil supplies from the Russian Federation to Europe also came into effect.

Russian President Vladimir Putin believes that because of this, “the price of oil will increase.” He also assured that Russia will consider reducing oil production and will not sell raw materials to “unfriendly countries.”

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Source: korrespondent

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