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Russia’s Pacific port of Kozmino saw oil exports up by 9.2% in 2019

Russia’s Pacific port of Kozmino increased oil exports by 9.2% last year to a record high of 33.2 million tonnes, pipeline monopoly and the port’s operator Transneft said on Monday.

Kozmino became operational in 2009 and is part of Russia’s plans to forge closer ties with the Asia Pacific region. It exports low-sulphur ESPO (East Siberia – Pacific Ocean) blend from Siberia.

Transneft said 78% of total ESPO exports were shipped to China last year. Kozmino also exported oil to Japan (7%), South Korea (6%), Singapore (2%), New Zealand (2%), Malaysia (2%), the United States (1%), Thailand (1%) and Philippines (1%).
Source: Reuters (Reporting by Vladimir Soldatkin; Editing by Mark Potter)

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