Tag: oil
The ban will come into effect on 8 May.
Exporters of Russian oil products are inventing new schemes to circumvent sanctions.
The lion's share was exported to Asian and African countries.
India significantly increased its imports of Russian crude oil after the Russian invasion of Ukraine began.
The company was forced to suspend the operations of the plant and its port terminal in Odesa in February 2022.
The arrival of hundreds of tankers in poor condition in the already congested Gulf of Finland has multiplied maritime and environmental safety risks.
Most of the transactions involve Chinese customers.
Russia was able to obtain tankers from non-European countries to transport its crude oil.
The terminal has a storage capacity of almost 50,000 tons of sunflower oil.
About 270,000 tons of Russian crude oil thus arrived in the territorial waters and exclusive economic zone of Greece, an EU member state.
Turkey is demanding new proof of insurance because of the EU’s embargo on imports of Russian crude oil by sea.
Restrictions on such imports apply in case of non-compliance with the "price ceiling" for the purchase of Russian oil.
The Russian company could take advantage of Bulgaria's exclusive right to import Russian crude oil by sea.
The British company allegedly retains all its shareholder rights in the Russian company.
The resulting fire at the facility was extinguished promptly.
A sharp increase in the import of Russian crude oil by Turkey was observed in the first half of this year.
Russian crude oil is transferred onto foreign-flagged ships off the coast of Romania.
About 25 million tons of grain have already been harvested.
Two vessels have entered the Odesa port for loading for the first time since February 24.
Russian crude oil may also be blended with Egyptian crude oil to make it difficult to establish its origin.