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Home»Energy news»Russia’s Transneft receives Polish and German requests
Energy news

Russia’s Transneft receives Polish and German requests

adminBy adminDecember 21, 2022No Comments
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  • This content material was produced in Russia the place the legislation restricts protection of Russian navy operations in Ukraine
  • Transneft says whole oil exports elevated by a fifth this 12 months
  • Expects provides through Druzhba southern spur to carry regular

Dec 20 (Reuters) – Russia’s Transneft (TRNF_p.MM) has acquired requests from Poland and Germany for oil in 2023, the state oil pipeline monopoly’s head instructed Rossiya-24 TV, including that provides through the Druzhba pipeline’s southern spur are anticipated to carry regular subsequent 12 months.

The EU has pledged to cease shopping for Russian oil through maritime routes from Dec. 5, with Western nations additionally imposing value caps on Russian crude oil, however the Druzhba pipeline stays exempt from sanctions.

Transneft’s feedback are at odds with solutions final month that Poland aimed to desert a deal to purchase Russian crude.

Sources accustomed to the talks had instructed Reuters that Poland was in search of German assist for EU sanctions on the Polish-German part of the Druzhba pipeline in order that Warsaw might abandon a deal to purchase Russian oil subsequent 12 months with out paying penalties.

“They introduced that they might not take oil from Russia from Jan. 1. And now now we have acquired requests from Polish customers: give us 3 million tonnes subsequent 12 months, and 360,000 tonnes for December, and Germany has already submitted a request for the primary quarter,” Transneft head Nikolay Tokarev stated on Tuesday.

He additionally did not rule out swap operations with Kazakhstan in supplying oil to refineries in Germany.

Polish refiner PKN Orlen stated on Tuesday it won’t prolong a contract for Russian oil which expires in January 2023, whereas a second long-term settlement for Russian crude will stop to be carried out as soon as sanctions are in place.

A German economic system ministry spokesperson stated stories that Germany had ordered Russian crude oil had been false and the mineral oil firms on the japanese German refineries in Leuna and Schwedt are now not ordering Russian crude for the following 12 months.

Berlin goals to eradicate Russian oil imports by the top of the 12 months and has for months been working with Poland to attempt to safe provide for Schwedt, which offers 90% of Berlin’s gas.

Germany’s economic system ministry is optimistic Kazakh oil, which might come by means of the Druzhba pipeline through Poland, may help complement substitute crude oil shipments for Schwedt.

Schwedt has reserved corresponding capacities for Kazakh oil within the pipeline system as of January, stated the spokesperson, who added that these didn’t represent orders.

PLANS

“We’re contemplating all of the choices … circumstances are growing in such a approach that it’s slightly troublesome to foretell how the market scenario will develop subsequent 12 months, however it’s apparent that it’ll not be straightforward,” Tokarev stated.

Transneft, which handles greater than 80% of whole oil produced in Russia, has cranked up oil exports by a fifth this 12 months, he added.

Russia expects to scale back oil manufacturing subsequent 12 months to 490 million tonnes, or 9.84 million barrels per day (bpd), from the 525 million to 530 million tonnes (10.54 million bpd to 10.64 million bpd) anticipated this 12 months within the face of Western sanctions over Ukraine.

Tokarev additionally stated that oil provides through the southern spur of Druzhba, which transports oil by means of Ukraine to Slovakia and the Czech Republic, will stay unchanged subsequent 12 months because of a ssanctions exception.

The Black Sea port of Novorossiisk has expanded export capability for low-sulphur oil to 40 million tonnes a 12 months, he stated, including that oil provides through the Caspian Pipeline Consortium from the Black Sea terminal are anticipated at between 50 million and 51 million tonnes this 12 months, down from a deliberate 63 million tonnes due to repairs.

Exports through the far japanese port of Kozmino are anticipated to whole 42 million tonnes this 12 months, exceeding standard annual capability of 30 million tonnes, Tokarev stated.

Reporting by Lidia Kelly in Melbourne, Vladimir Soldatkin in Moscow, Miranda Murray in Berlin and Anna Koper in Warsaw
Modifying by Tom Hogue, David Goodman and David Evans

Our Requirements: The Thomson Reuters Belief Rules.



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