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Oil loadings from Russia's Black Sea Novorossiisk port suspended, sources say

Published by Global Banking & Finance Review

Posted on February 18, 2025

1 min read

· Last updated: January 26, 2026

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MOSCOW (Reuters) - Oil loadings from Russia's Black Sea port of Novorossiisk were suspended on Tuesday due to a storm, two sources familiar with the matter told Reuters. CPC Blend oil loadings from

Storm Halts Oil Loadings at Russia's Novorossiisk Black Sea Port

MOSCOW (Reuters) - Oil loadings from Russia's Black Sea port of Novorossiisk were suspended on Tuesday due to a storm, two sources familiar with the matter told Reuters.

CPC Blend oil loadings from the Caspian Pipeline Consortium (CPC) Black Sea terminal near Novorossiisk continued, unaffected by the storm, the sources added.

Severe storms in the Black Sea region regularly disrupt up to two million barrels per day of oil exports from Kazakhstan and Russia.

Oil exports from Novorossiisk in February were revised up by 0.24 million metric tons from an initial plan to 2.25 million tons or some 590,000 barrels per day, two people familiar with the matter said on Monday.

(Reporting by Reuters; Editing by Jan Harvey)

Key Takeaways

  • Oil loadings at Novorossiisk port suspended due to storm.
  • CPC Blend oil loadings remain unaffected.
  • Storms in the Black Sea disrupt oil exports regularly.
  • February oil exports revised to 2.25 million tons.
  • Kazakhstan and Russia oil exports affected.

Frequently Asked Questions

Why were oil loadings suspended at Novorossiisk?
Oil loadings from Russia's Black Sea port of Novorossiisk were suspended due to a storm.
Did the storm affect CPC Blend oil loadings?
No, CPC Blend oil loadings from the Caspian Pipeline Consortium Black Sea terminal near Novorossiisk continued unaffected by the storm.
How much oil exports are typically disrupted by storms in the Black Sea?
Severe storms in the Black Sea region regularly disrupt up to two million barrels per day of oil exports from Kazakhstan and Russia.
What were the revised oil export figures for Novorossiisk in February?
Oil exports from Novorossiisk in February were revised up by 0.24 million metric tons from an initial plan to 2.25 million tons.

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