Russian gasoline exports jump by 30% to almost 3.5 million tons as Asia, Africa replace Europe

[beijingwalker]

Russian gasoline exports jump by 30% to almost 3.5 million tons as Asia, Africa replace Europe​

in Freight News 12/07/2023

Russia’s gasoline exports rose in January to June despite the introduction of the European Union’s embargo, thanks to healthy supplies of the fuel to Africa and Asia, data from market sources showed and traders said on Tuesday.

Gasoline production at Russian refineries rose by about 4% year-on-year in the first half of 2023 to about 21.6 million metric tons, but fuel exports jumped by 30% to almost 3.5 million tons, according to the sources’ data and Reuters calculations.

That was up from 2.7 million tons exported in January – June 2022.

Russia has boosted supplies of its fuel to destinations other than Europe amid the wider political crisis and after the EU slapped an embargo on imports of Russian oil products on Feb. 5.

The main destination for Russian seaborne gasoline exports last year was the Amsterdam-Rotterdam-Antwerp trading hub as well as Estonian and Latvian ports. This year, Russia has diverted its fuel mostly to African countries, replacing Northwest European supplies.

Based on Refinitiv data, since the start of 2023, gasoline exports via Russian ports, including a new outlet – the Arctic port of Murmansk, to Africa totalled more than 1 million tons with half of those going to Nigeria.
Before the EU sanctions, Russia had exported gasoline to Africa mostly via Latvian port of Ventspils.

Russia’s gasoline exports via railways to Central Asian countries rose almost twice year-on-year in January-June 2023 to about 0.8 million tons. Fuel supplies to Afghanistan totalled more than 250,000 tons after almost nothing last year.

Mongolia also remains one of the biggest importers of Russian-origin gasoline with almost the same level in the first half of this year compared with the same period of 2022 – about 330,000 tons, based on data from the market sources.

Russia kept cranking up fuel exports thanks to more lucrative overseas sales as retail prices on domestic oil products market are regulated by the state.

Russian gasoline exports jump as Asia, Africa replace Europe | Hellenic Shipping News Worldwide

www.hellenicshippingnews.com

 

[aziqbal]

Russian economy is booming

they are taking out millions of dollars worth of equipment with $10,000 Lancet drones and Iranian Shahed -136 is taking out heavy infrastructure like power stations and bridges

over $350 billion worth of damage to Ukraine infrastructure alone with drones, terrible war in terms of finances for the West

all the jails and prisons in Russia are empty most of them dead sent to the front line as cannon fodder

Russia losing its worst men

Ukraine losing Karate Champion and Gold medalist

Ukraine is losing its best

 

[indushek]

Russian economy is booming

they are taking out millions of dollars worth of equipment with $10,000 Lancet drones and Iranian Shahed -136 is taking out heavy infrastructure like power stations and bridges

over $350 billion worth of damage to Ukraine infrastructure alone with drones, terrible war in terms of finances for the West

all the jails and prisons in Russia are empty most of them dead sent to the front line as cannon fodder

Russia losing its worst men

Ukraine losing Karate Champion and Gold medalist

Ukraine is losing its best

I sometimes wonder, how can Zelensky sleep at night. He is sending all the men to their deaths.

 

[dbc]

Russian gasoline exports jump by 30% to almost 3.5 million tons as Asia, Africa replace Europe​

in Freight News 12/07/2023

Russia’s gasoline exports rose in January to June despite the introduction of the European Union’s embargo, thanks to healthy supplies of the fuel to Africa and Asia, data from market sources showed and traders said on Tuesday.

Gasoline production at Russian refineries rose by about 4% year-on-year in the first half of 2023 to about 21.6 million metric tons, but fuel exports jumped by 30% to almost 3.5 million tons, according to the sources’ data and Reuters calculations.

That was up from 2.7 million tons exported in January – June 2022.

Russia has boosted supplies of its fuel to destinations other than Europe amid the wider political crisis and after the EU slapped an embargo on imports of Russian oil products on Feb. 5.

The main destination for Russian seaborne gasoline exports last year was the Amsterdam-Rotterdam-Antwerp trading hub as well as Estonian and Latvian ports. This year, Russia has diverted its fuel mostly to African countries, replacing Northwest European supplies.

Based on Refinitiv data, since the start of 2023, gasoline exports via Russian ports, including a new outlet – the Arctic port of Murmansk, to Africa totalled more than 1 million tons with half of those going to Nigeria.
Before the EU sanctions, Russia had exported gasoline to Africa mostly via Latvian port of Ventspils.

Russia’s gasoline exports via railways to Central Asian countries rose almost twice year-on-year in January-June 2023 to about 0.8 million tons. Fuel supplies to Afghanistan totalled more than 250,000 tons after almost nothing last year.

Mongolia also remains one of the biggest importers of Russian-origin gasoline with almost the same level in the first half of this year compared with the same period of 2022 – about 330,000 tons, based on data from the market sources.

Russia kept cranking up fuel exports thanks to more lucrative overseas sales as retail prices on domestic oil products market are regulated by the state.

Russian gasoline exports jump as Asia, Africa replace Europe | Hellenic Shipping News Worldwide

www.hellenicshippingnews.com

Export up by 30% but oil revenue down by 40%., happy Africa is getting cheap oil thanks to sanctions.

Russia's oil and gas budget revenues fell by almost 36% year over year in May

Russia's federal budget revenues from oil and gas, the lifeblood of its economy, fell almost 36% in May from the same month last year and declined by 12% from April, the finance ministry said on Monday, as a result of a lower profit-based oil tax.

www.reuters.com

 

[Yongpeng Sun-Tastaufen]

I sometimes wonder, how can Zelensky sleep at night. He is sending all the men to their deaths.

Zelensky immigrate to Israel after he gets 1 trillion dollars from the West.

Export up by 30% but oil revenue down by 40%., happy Africa is getting cheap oil thanks to sanctions.

Russia's oil and gas budget revenues fell by almost 36% year over year in May

Russia's federal budget revenues from oil and gas, the lifeblood of its economy, fell almost 36% in May from the same month last year and declined by 12% from April, the finance ministry said on Monday, as a result of a lower profit-based oil tax.

www.reuters.com

Africa has enormous natural resources. Africa has lots of iron ore and copper which Russia uses to make tanks and missiles and smart bombs.

 

[indushek]

Zelensky immigrate to Israel after he gets 1 trillion dollars from the West.



Africa has enormous resources. Africa has lot of iron ore and copper which Russia uses to make tanks and missiles and smart bombs.

Am sure once the dust settles, the way he acted will be scrutinized. Not if he emigrates to West though

 

[dbc]

I sometimes wonder, how can Zelensky sleep at night. He is sending all the men to their deaths.

How does Putin sleep?

 

[indushek]

How does Putin sleep?

True that too, but think about Ukraine's people. There is so much information and disinformation, on how many Ukrainians died.

Zelensky could have tried for some peace deal, to stop the deaths no?

 

[Yongpeng Sun-Tastaufen]

How does Putin sleep?

Putin defend the peaceful people of Crimea from the brutal Kiev army. Putin sleeps like a baby at night.

 

[Azadkashmir]

Putin defend the peaceful people of Crimea from the brutal Kiev army. Putin sleeps like a baby at night.

a few sleeping tablets putin is a sleep like dead body.

 

[dbc]

True that too, but think about Ukraine's people. There is so much information and disinformation, on how many Ukrainians died.

Zelensky could have tried for some peace deal, to stop the deaths no?

If China invades India will you tell your fellow Indians not to fight?

 

[beijingwalker]

If China invades India will you tell your fellow Indians not to fight?

Use Britain next time, it's more real in the history.

If China invades India will you tell your fellow Indians not to fight?

Ukraine chose a radical anti Russia path and voluntariliy serves as a western dog at Russia's doorway, it is the root cause of the whole hostility, why Russia didn't invade Kazakhstan, a whole bunch of Kazakhstan's population are ethnic Russians.

 

[beijingwalker]

 

[indushek]

If China invades India will you tell your fellow Indians not to fight?

I get what you are trying to convey, and am not condoning Russia here. Am also not saying that Ukraine should stop fighting, and surrender before Invaders.

What am trying to say is that, he should consider a exit plan for his countrymen. At this point, it is throwing men and material at front lines.

 

[dbc]

I get what you are trying to convey, and am not condoning Russia here. Am also not saying that Ukraine should stop fighting, and surrender before Invaders.

What am trying to say is that, he should consider an exit plan for his countrymen. At this point, it is throwing men and material at front lines.

Ukraine wants a decisive outcome, it does not want to be in a state of permanent anxiety over future Russian territorial ambitions. An exit plan which involves ceding 20% of its territory to Russia appears to be unacceptable to Ukraine and hence they haven’t lost their will to fight.