Russia may boost oil exports in October on lower refining, sources say
Changes headline and lead, adds detail throughout
MOSCOW, Sept 18 (Reuters) -Oil exports from Russia's western ports may rise in October as domestic refineries will increase runs only marginally despite coming out of the peak maintenance season, trading sources said.
Traders had been largely expecting oil loadings from the ports of Primorsk, Ust-Luga and Novorossiisk to fall in October versus September due to an anticipated rise in domestic refining.
Two Russian industry sourcessaid several plants willfinish maintenance next month, but otherswill decrease throughput after running at capacity to compensate for refinery outages across Russia in previous months.
It means that Russia's overall refinery throughput will be largely unchanged versus September at around 5 million bpd, leaving more oil for exports, the sources said.
"I expect a small rise in Russia's oil exports in October. I doubt that all repairs will be completed on time," an industry source said.
Some3.9 million tons or some 0.9 million bpd of refining capacity will be offline in Russia this month, up34% from August.
Russian authorities have yet to release provisional export volumes for Baltic and Black Sea ports for October, traders added.
September exports are set torise by 4.5% from August to 2.04 million bpd afterRussia added cargoes last week.
Editing by David Evans; Editing by David Gregorio
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