Türkiye and Brazil continued to be the principle importers of Russian seaborne diesel and gasoil final 12 months amid the European Union’s ban on imports of Russian refined merchandise, knowledge from market sources and LSEG confirmed on Monday.
Before the complete EU embargo got here into impact in February 2023, Europe was Russia’s largest purchaser.
According to LSEG knowledge, diesel and gasoil export provides from the Russian ports to Türkiye final 12 months elevated by 1 / 4 from 2023 to 16.8 million metric tons.
Russian diesel exports to Brazil rose to 7.4 million tons in 2024, up by 15% from the earlier 12 months, delivery knowledge confirmed.
Diesel and gasoil exports from the Russian ports to African international locations exceeded 9.6 million tons final 12 months, however have been down by 6% from 2023.
Egypt, Libya, Tunisia, Ghana and Senegal have been among the many high importers, in response to LSEG knowledge.
In December 2024, Russian diesel and gasoil export loadings elevated nearly by 18% from the earlier month to three.4 million tons on rising gas manufacturing and seasonal sluggish demand within the home market, merchants and delivery knowledge confirmed.
Türkiye and Brazil stay the principle importers, totaling 1.2 million tons (-10% from November) and 0.53 million tons (+32% from November), respectively.
Meanwhile, merchants report the rising diesel volumes shipped by way of ship-to-ship (STS) transfers close to the Italian port of Augusta and the Greek islands.
STS loadings have additionally turn out to be extra engaging since latest Western sanctions on the tanker fleet, merchants mentioned.
In December, tankers carrying round 370,000 tons of Russian diesel have been sure for ship-to-ship transfers. Their closing locations are as but unknown.
Last week, the U.S. imposed new Russia-related sanctions, focusing on greater than 180 vessels and insurance coverage corporations. That transfer might improve ship-to-ship operations, market sources added.
Source: www.dailysabah.com