1993-07-13, English, Article, Other article edition: Quality problems beset some Russian exports. (crude and fuel oils)

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Bookmark: http://trove.nla.gov.au/version/110653075
Physical Description
  • Newsletter article
Published
  • The McGraw-Hill Companies, Inc., 1993 July 13
Language
  • English

Edition details

Title
  • Quality problems beset some Russian exports. (crude and fuel oils)
Also Titled
  • Quality problems beset some Russian exports.
Appears In
  • Platt's Oilgram News, v71, no.n134, 1993 July 13, p3(1) (ISSN: 0163-1284)
Published
  • The McGraw-Hill Companies, Inc., 1993 July 13
Physical Description
  • Newsletter article
Subjects
Target Audience
  • Trade
Summary
  • Crude and fuel oil being exported from Russia has had quality problems recently, according to petroleum products traders. The worst quality deterioration has been seen at the Black Sea port of Novorossiysk, where American Petroleum Institute (API) gravity measurements have fallen below agreed specification levels. However, most contracts include a gravity escalator clause that equates to 3 cents per API degree. In addition, fuel oil from the Ukrainian Black Sea port of Odessa is having to be sold as lower quality straight run atmospheric residue. The end result of these quality problems has been substantially higher prices for non-Russian feedstocks.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 13194593

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