Moscow: Oil refineries in Poland have increased the amount of sea borne crude it receives from the Middle East at the expense of Russian flagship blend Urals, Reuters tracking data showed yesterday.
According to the data, Poland’s Baltic Sea port of Gdansk will receive at least five cargoes from Iraq and Saudi Arabia, with total volumes of almost 500,000 tonnes
in July.
According to traders, the port will handle around 260,000 tonnes of oil from Saudi Arabia, around 130,000 tonnes of oil from Iraq’s semi-autonomous Kurdistan region and around 80,000 tonnes of Azeri Light grade.
Urals’s imports to Gdansk have halved to two to three cargoes per month this year. In 2015, the port received around seven million tonnes of the Russian grade, or around six cargoes per month.
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