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. Last Updated: 07/27/2016

Tallinn Oil Exports Down by 12%

Estonia's main oil loading port moved 1.39 million tons of liquid products in September, a 12 percent fall on the 1.58 million tons loaded in the same month a year ago, the Port of Tallinn said Monday.

The port, whose liquid cargoes are almost all oil products from Russia, mostly fuel oil, has been hit by limits on transit trade imposed by Moscow after a diplomatic confrontation.

Bulk liquids loadings in September were up 10.7 percent from the 1.3 million tons loaded in August. For the first nine months of 2007, the port loaded 5.1 percent less bulk liquid cargo, at 17.3 million tons, compared with 18.3 million tons in the same period a year ago.

Russian Railways reduced shipments via Estonia in May, after a dispute over the removal of a Red Army monument led to worsening ties.

Total cargo for export and outward transit cargo for January to September were 6.6 percent less than the same period last year, at 28.6 million tons.