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Oil loadings from Russia's Black Sea Novorossiisk port suspended, sources say
Published by Global Banking & Finance Review®
Posted on February 18, 2025
1 min readLast updated: January 26, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on February 18, 2025
1 min readLast updated: January 26, 2026
Oil loadings at Russia's Novorossiisk port are suspended due to a storm, while CPC Blend remains unaffected. Regular storms disrupt exports.
MOSCOW (Reuters) - Oil loadings from Russia's Black Sea port of Novorossiisk were suspended on Tuesday due to a storm, two sources familiar with the matter told Reuters.
CPC Blend oil loadings from the Caspian Pipeline Consortium (CPC) Black Sea terminal near Novorossiisk continued, unaffected by the storm, the sources added.
Severe storms in the Black Sea region regularly disrupt up to two million barrels per day of oil exports from Kazakhstan and Russia.
Oil exports from Novorossiisk in February were revised up by 0.24 million metric tons from an initial plan to 2.25 million tons or some 590,000 barrels per day, two people familiar with the matter said on Monday.
(Reporting by Reuters; Editing by Jan Harvey)
Oil loadings from Russia's Black Sea port of Novorossiisk were suspended due to a storm.
No, CPC Blend oil loadings from the Caspian Pipeline Consortium Black Sea terminal near Novorossiisk continued unaffected by the storm.
Severe storms in the Black Sea region regularly disrupt up to two million barrels per day of oil exports from Kazakhstan and Russia.
Oil exports from Novorossiisk in February were revised up by 0.24 million metric tons from an initial plan to 2.25 million tons.
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