UPDATE: Russia To Export 5.5 Million Tons Urals From Primorsk In Aug

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By Sherry Su

Of DOW JONES NEWSWIRES

LONDON -(Dow Jones)- Russia plans to export 5.5 million metric tons, or around 1.3 million barrels a day, of Urals crude in August from its Baltic Sea port of Primorsk, which is lower than the 6 million tons planned for July, according to the loading program seen by Dow Jones Newswires Friday.

A total of 55 cargoes with a volume of 100,000 tons each will be loaded from Primorsk, the largest oil terminal in the country.

Russia also plans to export 34 cargoes of Urals crude totaling 3.565 million tons from the Black Sea port of Novorossiysk, six 80,000-ton cargoes of Urals from Ukraine's Black Sea port of Yuzhny, and seven 100,000-ton cargoes of Urals from Poland's Baltic Sea port of Gdansk.

Russia also plans to ship seven cargoes of Siberian Light totaling 448,000 tons from Tuapse, and a total of 1.35 million tons of ESPO crude from the Far East port of Kozmino in August.

Russia's Planned Crude Oil Exports (in one thousand metric tons)

Port            Grade            Aug       Jul

Primorsk        Urals            5,500     6,000
Novorossiysk    Urals            3,565     4,209
Yuzhny          Urals              480      N.A.
Gdansk          Urals              700       700
Tuapse          Siberian Light     448       452
Kozmino         ESPO             1,350     1,350

-By Sherry Su, Dow Jones Newswires; +44(0)20-7842-9329; sherry.su@dowjones.com

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