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Lukoil Sets Up Ship-to-Ship Loading Near Kaliningrad

OIL

Lukoil has set up ship-to-ship (STS) loadings of Urals oil near the western port of Kaliningrad, Refinitiv Eikon data showed and trading sources told Reuters.

  • The data shows 100,000 tonnes of Urals crude was loaded on the Andaman Skies tanker at the Baltic port of Primorsk on 11 Feb. The tanker then moved to the Kaliningrad region and subsequently reloaded to the Ruby Phoenix tanker, sources said.
  • STS loadings of Russian Urals crude hit a record high in the Mediterranean in January as traders moved cargoes onto larger vessels to make long-haul shipments to Asia more cost-effective.

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