Russian Feb oil flow to Poland may be halved-trade

MOSCOW, Jan 20 (Reuters) - Supplies of Russian Urals crude oil to Poland could fall by almost half in February to 1.1 million tonnes due to maintenance at Poland's top refinery, PKN Orlen (PKNA.WA: Quote), traders told Reuters on Thursday.

PKN's press office declined to comment on reports of maintenance when contacted by Reuters.

This would add to Russia's oil export woes after it failed to reach an agreement with Belarus on restarting oil supplies that have been halted since Jan.1 due to a pricing spat.

Traders said Poland asked for 1.1 million tonnes of oil in February against 1.95 million tonnes in January, though they added that this request had not been finalised.

"But in any case, this (the refining output cut) has not been planned," a Urals trader told Reuters.

Earlier on Thursday, Russia's Prime Minister Vladimir Putin and his Belarussian counterpart failed to put an end to an oil stand-off that has cut oil product exports to Europe, though supplies are expected to resume in upcoming days. [ID:nLDE70J0AJ]

(Reporting by Gleb Gorodyankin; writing by Vladimir Soldatkin; editing by Conor Humphries and Jane Baird)


Partners: Social Network