Russia’s oil and products exports from the Novorossiisk Black Sea terminal have been severely restricted by bad weather that has caused significant delays to loadings, said two sources familiar with the port’s operations.
The Black Sea region has been hit by heavy storms since Friday, disrupting logistics and damaging homes and infrastructure.
“It’s a mess in the port. The terminal has opened several times for short periods, but no real progress in loadings was made,” one of the sources said.
He added that some oil tankers have been waiting to sail since early November.
The second source said that he expects a large volume of crude oil scheduled for loading this month to be carried over to December.
The November oil loading plan for Novorossiisk was initially set at 2.42 million metric tons.
Source: Hellenic Shipping News
