Russia warns over Urals crude oil quality

  • warning: Parameter 1 to theme_field() expected to be a reference, value given in /home/crudesta/public_html/includes/theme.inc on line 171.
  • warning: include(/login_check.php): failed to open stream: No such file or directory in /home/crudesta/public_html/modules/vinayras/vinayras.module on line 271.
  • warning: include(): Failed opening '/login_check.php' for inclusion (include_path='.:/usr/lib/php:/usr/local/lib/php') in /home/crudesta/public_html/modules/vinayras/vinayras.module on line 271.
  • warning: Parameter 1 to theme_field() expected to be a reference, value given in /home/crudesta/public_html/includes/theme.inc on line 171.
  • warning: include(/login_check.php): failed to open stream: No such file or directory in /home/crudesta/public_html/modules/vinayras/vinayras.module on line 271.
  • warning: include(): Failed opening '/login_check.php' for inclusion (include_path='.:/usr/lib/php:/usr/local/lib/php') in /home/crudesta/public_html/modules/vinayras/vinayras.module on line 271.
by staff ()

Russia warns over Urals crude oil quality

The quality of Russia's key Urals crude exports towards Europe will continue to fall next year as more of the country's low-sulfur oil flows are diverted eastward to China, Russian national oil pipeline operator Transneft warned Monday.

Predicting a 2% rise in crude exports by Russian companies next year, Transneft said the sulfur content in its westbound export flows will reach "a critical level" this year, as the company has no further technological tools to improve the quality of crude flows headed west towards mostly European customers.

"Due to a [planned] rise in low-sulfur crude supplies to China, there will be no more low-sulfur volumes available for improving crude quality via other directions," Transneft's vice-president Sergei Andronov said Monday.

The increase in sulfur levels in Urals as Russia exports more premium crude through outlets in the far east of the country has long been predicted, and may support prices for rival crude grades such as neighboring Kazakhstan's high-value CPC crude.