AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Crude exports from the former Soviet Union (FSU) broke July's record to hit a new post-Soviet high in August. Exports for the year to date were 16pc up on the same period in 2001.
A 66,000 b/d increase in exports of sweet Caspian crude boosted total volumes to 4.3mn b/d (18.02mn t), 40,000 b/d up on July. Crude exports using the Russian rail system also continued to rise and are now 62pc, or over 200,000 b/d, higher than a year ago. These rises more than compensated for a slight fall, to just below 3mn b/d, in export volumes using Russia's Transneft pipeline network.
Russia's key Black Sea port of Novorossiysk managed to export 962,000 b/d in August, only …