Combined Novorossiisk oil loadings by Rosneft and Lukoil in
July will fall by some 220,000 barrels per day (bpd) as compared to last month.
Last week Russian government decided to continue with
unrestricted gasoline exports in July, extending the waiver for a partial ban
on overseas fuel sales, as Russia's domestic oil plants produce enough oil
products to meet peak seasonal demand despite a spate of Ukrainian drone attacks
on refineries.
Rosneft oil exports from Novorossiisk are set to fall to
0.62 million metric tons in July from 1.06 million tons in June, while its
Tuapse refinery is set to resume crude runs this month.
Lukoil's exports from the port will fall to 0.19 million
tons in July from 0.58 million tons last month.
Lukoil restarted a key piece of equipment for oil
processing, the CDU-6 crude distillation unit, at its NORSI refinery, Russia's
fourth-largest, following a drone attack in March.
Rosneft and Lukoil did not reply to Reuters requests for
comments.
Novorossiisk total oil loadings in July were set at 1.8
million tons, down from 2.9 million tons in June.
Russia's overall oil exports and transit from its western
ports in July are expected to decline from June amid higher refinery runs and Moscow's
pledge to stick to OPEC Plus output cuts.