russia began purchasing gasoline from India due to a fuel shortage that emerged after a series of Ukrainian strikes on Russian oil refineries. Bloomberg reports this, citing Kpler data, writes UNN.
Details
The first shipment of Indian gasoline arrived in russia on August 5. The supplier was Nayara Energy, which is backed by the Russian "rosneft". The fuel was transported by Russia-linked tankers via a transshipment operation off the coast of Egypt.
The appearance of Indian barrels is particularly notable
According to him, these supplies, together with continued imports from Belarus and other neighboring countries, indicate a serious imbalance in Russia's gasoline market.
russia is cutting oil refining
According to EA Analytics, in July Russian refineries processed about 3.6 million barrels of crude oil per day—approximately one-third below the seasonal norm. Last week, Ukrainian strikes hit five oil-refining facilities, and this week at least two more.
Due to problems with domestic supplies, moscow banned the export of gasoline and diesel fuel in an attempt to supply its own market.
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Supplies from India are carried out via a complex route. According to Bloomberg, one of the Russian tankers loaded 42,000 tonnes of gasoline at the Indian refinery in Vadinar on June 18. The cargo was subsequently transferred to another vessel at the Egyptian port of Damietta, after which the gasoline was delivered to russia.
Kpler recorded several more similar shipments, which may indicate that the scheme for importing Indian fuel into russia is continuing. At the same time, the russian Ministry of Energy, India's Ministry of Petroleum, and Nayara Energy did not provide Bloomberg with comments regarding these shipments.
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