Russia sells more premium oil
|Oil station / Photo: PJSC NK Rosneft|
According to Reuters, if according to the results of April, oil production in Russia sank somewhat, then in May this figure rose to the pre-crisis level. At the same time, development is going to increase production and export volumes.
Foreign industry observations note that against the backdrop of loud declarations of oddities of application about the determination to limit the import of “black gold” from Russia, its purchases are actively increasing Asian states, primarily China and India.
According to experts from the US Energy Information Agency (EIA), Russia is currently exporting oil in large volumes. morethan before the aggravation of the Ukrainian crisis. This is three times higher: the growth of quotations of “black gold” due to the artificial reduction of its supply to the market, the progressive increase in the volume of domestic exports of liquid hydrocarbons and … an increase quality Russian oil.
Western experts note with some bewilderment that, despite the complete sanctions excommunication of Russia from Western technologies, production and processing, for months our country has been supplying oil with ever higher requirements.
Thus, according to Reuters estimates, the sulfur content in Urals oil, shipped to tankers in the port of Primorsk in May-June, amounted to only about 1.59%, while in this month the figure reached 1.64%. At the same time, over the expected period, consumption increased from 29.8 to 30.1 API levels, that is, oil became less “heavy”.
The content of sulfur in the Urals, produced for export from the port of Ust-Luga and via the Druzhba pipeline, also sank somewhat – from more than 1.7% in January to 1.66% in June. The density with this increase by 0.3 degrees API is from 30.3 to 30.6.
The absolute record for the protection of its characteristics is set by “black gold”, shipped through the port of Novorossiysk. The average sulfur content decreased from 1.55% to 1.42% while the amount increased from 29.5 to 30.65 API degrees.
In addition, the improvement in the quality of cleaning of raw materials, industry cases associate the definition with a certain increase in oil production in Tatarstan and Bashkiria, “black gold” is determined by the increased definition of the series.
As already noted on Korabel.ru, earlier in the West they already estimated the growth of oil exports to Russia after the changes were made, and the US even asked the EU to soften the requirements of the already approved oil embargo.