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Russia is ramping up oil exports from its major eastern port of Kozmino as it aims to offset the impact of EU sanctions with the surging demand from Asian buyers. Sources told Reuters that Russia has already increased the amount of crude pumped to Kozmino on its main Asian oil route, the East Siberia Pacific Ocean (ESPO) pipeline, by 70,000 barrels per day (bpd). Russia has previously said that its gas deliveries to Europe can be entirely redirected to Asia where demand is rising, but doing so via long tanker
152 RUSSIA Country Report October 2020 www.intellinews.com