Moscow, April 1 - Neftegaz.RU.
Russian pipeline operator Transneft said today that it expects to ship 34.82 million mt, equivalent to around 8.5 million b/d, of Russian oil
in April, S&P Global Platts analysed.
This would represent an increase of 2.6% on daily average deliveries of 8.28 million b/d shipped in March 2021.
Increases in month-on-month delivery volumes in early 2021 reflect gradual increases in Russia's crude production quota agreed under the OPEC
+ deal from the beginning of the year.
March 2021 average daily deliveries were down 11% on 2020 volumes of 9.32 million b/d.
Lower delivery volumes in early 2021 compared to early 2020 reflect more significant crude production cuts under the OPEC+ agreement from May 2020 introduced in response to the impact of the coronavirus
said that April deliveries to Russian refineries will total 20 million mt, equivalent to around 4.9 million b/d, flat on the month.
March deliveries to Russian refineries were down 4% on the year, from 5.1 million b/d in March 2020.
Transneft's exports of Russian oil totaled 13.02 million mt in March 2021, equivalent to around 3 million b/d, down 25% on year.
Transneft expects its total oil deliveries to reach 36.33 million mt, equivalent to around 8.88 million b/d, in April.
In addition to Russian oil, Transneft ships transit volumes from Kazakhstan
, Azerbaijan, Belarus and Turkmenistan.