After a 12% decrease in July, Russian base oil rail and river exports in August reached 89’000 tons – the highest number since March this year. It is 20% more than the month before.
Lukoil increased base oil river exports from Volgograd to the Black Sea almost twice, while exports to Kaliningrad dropped 65% – from 16kt to 7kt. Lukoil is the only supply to terminal in Kaliningrad, most of the volumes comes from Perm refinery.
Rail exports to Riga grew4 times to 33040 tons.
Base oil exports from Black Sea also increased in August – this month they were 28% higher than in July. This is also the highest export in August for the last 6 years. Flows increased mostly because of higher loadings from Ufa refinery and Novokuibyshevsk refinery, both owned by Rosneft.
Taneco refinery in Nizhnekamsk increased exports of Group II and Group III grades 3 times to 4930 tons. The refinery is returning to normal export levels after maintenance which heavy affected June and July production. Taneco is the biggest producer of VHVI-4 grade in Russia. DYM Resources can also offer Group III grades VHVI-6 and VHVI-8 in flexi-сontainers.
Russian base oil exports consist mostly of Group I grades such as SN150, SN350, SN500, SN900 and BS-150. The country remains a reliable base oils supplier when refineries in Europe continue to close and supplies from Asia are limited due to higher freights and lack of spaces on container ships.
Refineries from the former Soviet Union countries also export light grades of Group II (70N) and Group III base oils: VHVI-4, VHVI-6 and VHVI-8.
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