The country’s oil export revenues rose by $1.7 bn
According to the International Energy Agency (IEA), Russian exports of crude and refined oil products edged up in April to a post-February high of 8.3 mb/d. Shipments of crude oil increased by 250 kb/d. The country’s oil export revenues rose by $1.7 bn to $15 bn last month but were 27% lower than a year ago while tax receipts from its oil and gas sector were down by 64% y-o-y.
Russian oil supply continued to prove resilient, reads the report.
According to the data of IAA PortNews, the following terminal accounted for the bulk of liquid cargo shipments: RPK Nord LLC, NCSP (Novorossiysk), CPC-R (Novorossiysk), Transneft – Port Kozmino (Vostochny Port), Ust-Luga Oil, Neva Pipeline Company.