Market sources say that the crude oil loading plan for Russia from the Baltic port of Primorsk & Ust-Luga has been revised up by 0.2 million metric tons in September to 6.2 millions tons.

Rosneft is Russia's biggest oil company. It has added 200,000 tons of Urals Crude Oil to the original plan of loading for Baltic ports. This was done in order to divert flow from other destinations.

Rosneft did not respond to requests for comment.

Calculations show that additional exports will raise planned oil loadings from western Russian ports in September to 2,04 million barrels per a day. The daily loadings for September will increase by 4.5% compared to August.

Calculations based on an initial loading plan indicated that the September Russian oil shipments to Primorsk from Ust-Luga, Novorossiisk and Ust-Luga were scheduled to increase by just 1.5% per day from the August plan.

Estimates by traders showed that Russia had initially planned to ship 2.1 million metric tonnes of Urals, Siberian Light, and KEBCO grades out of Novorossiisk, and 6.0 million tonnes each of Urals, KEBCO, and Siberian Light from Primorsk, Ust-Luga. Gareth Jones, Editor (Reporting)

(source: Reuters)