Russia’s Novorossiisk port suspends oil exports due to storm

Novorossiisk - Russia’s Black sea port of Novorossiisk has suspended exports of oil and oil products due to stormy weather since Jan. 9, its representative said.

Novorossiisk - Russia’s Black sea port of Novorossiisk has suspended exports of oil and oil products due to stormy weather since Jan. 9, its representative said. Loadings are not expected to resume before Tuesday, according to port and industry sources. Russian pipeline monopoly Transneft may halt oil pumpings to the port as tank farms in Novorossiisk are almost filled, the sources said. Exports of oil products via the neighboring ports of Taman and Tuapse have also been suspended on Monday due to storms, according to sources. No-one at Transneft or the Caspian pipeline consortium (CPC) could immediately be reached for comment.

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