Russia adjusts 2Q export schedule.(Exports & trade)

The Russian government's soon-to-be-disbanded commission on access to export pipelines, the MVK, is poised to approve alterations to the April-June crude export schedule, a government source tells Argus.

The adjustments will be made in line with changes to actual--as opposed to scheduled--volumes submitted to pipeline operator Transneft in the previous quarter. In January-March, crude supplies to Transneft amounted to 8.29mn b/d (103.4mn t), or 372,000 b/d below the schedule. Quotas for firms exceeding their planned supply will be raised, while those for producers that have failed to deliver scheduled volumes will be cut (see table).

The expected adjustments …