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Butinge faces October cuts.(Exports and trade)(2003)
Baltic and Black Sea ports are due to handle 1.98mn b/d of crude in October, compared with the 1.92mn b/d penciled in for September.
Russian pipeline operator Transneft looks set to limit shipments to the Black Sea port of Butinge. It plans to use over 70,000 b/d in top-up shipments ear-marked for the terminal to fill new sections of the Baltic Pipeline System feeding Primorsk. Butinge is due to receive 225,000 b/d under the October schedule, but Transneft is expected to limit shipments to 141,000 b/d, even though the terminal has been handling over 200,000 b/d in recent months.
Butinge top-up volumes are divided proportionally between users of the port in …
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