Tag: oil
The rate at which the tankers are being brought back into operation is increasing, with at least seven taking on cargoes in the first ten days of October.
Russia's petroleum product exports rose to around 2.1 million barrels per day last month.
About 15 tankers have transported crude oil from the Russian ports of Primorsk, Ust-Luga, and Novorossiysk to EU ports since July 2024.
This generates billions of dollars in profit for Russia.
Despite Western sanctions, Russia continues to reap super profits from oil exports.
Over 10,000 tons of vegetable oil were destroyed in the reservoirs.
By the end of the year, the Russians expect to ship 70 million tons of crude oil, which is significantly more than they shipped in 2022.
Improved weather in the Far East facilitated the increase in Russia’s crude oil exports.
Almost 70% of this amount was transshipped off the coast of Greece, but there were also direct ship calls at European ports.
Deliveries of crude oil from Russia to Europe decreased tenfold.
During the month, 30 cases of violation of European restrictions on seaborne export of Russian crude oil were registered.
A new hub for ship-to-ship transfers is emerging in Egyptian territorial waters.
India is the world’s largest importer of vegetable oil and traditionally one of the largest markets for Ukrainian sunflower oil.
The passage of tankers carrying Russian crude oil may be restricted for safety reasons or because of a lack of European insurance.
The Ukrainian attacks on a Russian warship in the port of Novorossiysk and a tanker near the Kerch Strait have highlighted the vulnerability of Russia's Black Sea trade.
Another such vessel called at a port in the United States.
Tankers from Russia were even seen calling at European ports in May despite the EU ban.
Orlen’s management has revived the suspended Odesa - Brody - Płock - Gdańsk oil pipeline project.