Russian crude production declines to 11.19 million bpd b/w May 1-6


Devdiscourse News Desk | Updated: 07-05-2019 18:03 IST | Created: 07-05-2019 16:54 IST
Russian crude production declines to 11.19 million bpd b/w May 1-6
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  • Country:
  • Russian Federation

Russian oil producers' supply to Transneft's pipeline system between May 1 and 6 were down by some 650,000 barrels per day from their April daily average, an industry source familiar with the data told Reuters. Transneft handles around 85 percent of all Russian crude.

Russian production is seen declined to 11.19 million barrels per day on May 1-6 from 11.23 million barrels per day in April on average, another industry source familiar with production data told Reuters. Tainted oil detected late last month has forced Russia to shut the Druzhba pipeline to Central Europe and Germany. As of Tuesday, the line had been closed for almost two weeks and it was unclear when normal operations would resume. 

(With inputs from agencies.)

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