Middle East Economic Survey


No 43


ESAI Sees Russia Changing Crude Export Strategy

New export infrastructure in Russia is indicative of the two priority export markets for Russian crude the Pacific Basin and Northwest Europe according to ESAI Energy. In the report Russia Comes of Age: Restructured Exports Strengthen Russias Hand in Oil Markets, published in mid-October, ESAI said: In late 2011, Russia is adding 700,000 b/d of export capacity to the Baltic Sea, where it...