/Reuters Agency
Oil exports from the Russian Black Sea ports of Novorossiysk and the Caspian Pipeline Consortium (CPC) terminal fell in November 2025, reaching around 1 million tons against the planned schedule, as severe storms and recent drone attacks disrupted loading operations, three industry sources told Reuters.
Scheduled loadings of Urals, Siberian Light and Kebco crude from Novorossiysk for November were approximately 3.2 million tons, but actual shipments reached only around 2.5 million tons, according to the sources.
“Novorossiysk is still loading the scheduled November cargoes, with operations expected to continue until December 7,” one source said.
Meanwhile, two sources indicated that shipments of CPC Blend oil were also delayed, with two Suezmax cargoes carrying approximately 300,000 tons moved to December.
The delays add to the export capacity constraints Russia is facing following recent attacks on critical infrastructure at Black Sea ports, including the Sheskharis terminal in Novorossiysk and the CPC terminal in Yuzhnaya Ozereyevka.
The sources said Russia’s oil export plan for December was already substantial, and that additional volumes postponed from November could result in further deferrals into January.
