LONDON, May 7 (Reuters) – ARA gasoline stocks held in independent storage at Europe’s Antwerp-Rotterdam-Amsterdam hub rose 13 percent in the week to Thursday, Dutch consultant PJK International said.
Gasoline stocks were at 786,000 tonnes, while naphtha stocks rose seven percent to 249,000 tonnes.
“Gasoline and naphtha both rose due to imports from the Baltics and Canada,” said PJK’s Patrick Kulsen.
“There was also a lot of production from refineries in ARA,” he said.
Gasoil stocks remained stable, rising 1.7 percent to 2.713 million tonnes, significantly higher than a year earlier, due to imports from the Baltics and the United States, PJK said.
Barge loading was disrupted on the Rhine due to high water levels, said Kulsen. “Everything is being stalled due to the ships that are stuck,” he said.
Weekly ARA stocks (in ‘000 tonnes)
|Incoming cargoes||Outgoing cargoes|
|Gasoline||Canada, Estonia, France||Brazil, France, Mexico, West Africa|
|Naphtha||Poland, Portugal, Russia, Sweden||None|
|Gasoil||Latvia, Russia, USA, Britain, US||Britain|
|Fuel oil||Brazil, France, Lithuania, Britain||One VLCC planned to depart for Singapore on May 8|
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