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Oil loadings from Russia’s Novorossiisk suspended due to storm

Oil loadings from Russia’s Novorossiisk suspended due to storm

MOSCOW: Russia’s pipeline monopoly Transneft said on Thursday that oil loadings from the Black Sea port of Novorossiisk had been suspended because of a storm raging since Wednesday.

The company said that bad weather was forecast to continue until Monday. Meanwhile, the storm could subside on Saturday when loadings would depend on actual weather conditions during this “window”. Transneft said loadings at other ports were proceeding according to schedule.