Markets

Russia's oil products exports via Vysotsk to rise 27pc in June/May

Published June 9, 2016 Updated June 9, 2016 02:37pm

1 min

By Shoaib Ur Rehman

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MOSCOW: Oil products exports via Russian Baltic Sea port of Vysotsk, controlled by Lukoil oil producer, are set to rise by 26.5 percent in June from May to 1.175 million tonnes, according to industry sources.

The sources also said that the port will start exporting vacuum gasoil (VGO), mostly used as feedstock to produce diesel and gasoline.

The sources said that diesel exports will rise by 42.1 percent in June to 385,000 tonnes. Lukoil started exporting ultra-low sulphur diesel (ULSD) via a pipeline from Vysotsk in march.

Exports of fuel oil from the terminal will rise by 34.3 percent to 520,000 tonnes.

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