Russia ramps up oil exports to Asia ...News

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Russia ramps up oil exports to Asia
Moscow is accelerating oil shipments from its Far East coast to meet the continent’s soaring demand, according to Reuters sources Russia has boosted oil exports from the major eastern port of Kozmino to Asian countries by about a fifth, Reuters reported on Wednesday, citing people familiar with the matter. According to the news agency, Russia's Transneft has increased the amount of crude pumped to Kozmino via its main Asian oil route, the East Siberia Pacific Ocean (ESPO) pipeline, by 70,000 barrels per day (bpd). Transneft has reportedly used chemical additives to speed up oil flows, the unnamed sources said. The

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