Free Trial

DIESEL: Russian Diesel Exports Fell 6% m/m in February

DIESEL

Russian diesel and gasoil exports fell by 6% m/m in February according to LSEG as stormy weather adds to ongoing drone strikes on refineries impacting infrastructure and production.

  • Total diesel and gasoil exports from Russian ports fell last month to around 3.6m metric tons while Turkey and Brazil remained the main importers.
  • Exports to Turkey fell 11% m/m to 1.1m tons and to Brazil fell 10% m/m/ to 0.47m tons.
  • Diesel and gasoil exports to African countries fell nearly 17% m/m to about 1m tons.
  • Russia's offline primary oil refining capacity was 2.28m tons in January rising to about 54% of capacity at 3.5m tons in February.
  • Russia shipped a diesel cargo to Syria onboard a tanker under US sanctions in the first known direct supply since 2013, Reuters reported last week.
  • Russia’s ultra low-sulphur diesel from Primorsk are set to reach 1.8m tons in March compared to 1.73m tons scheduled for the shorter month of February.
151 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Russian diesel and gasoil exports fell by 6% m/m in February according to LSEG as stormy weather adds to ongoing drone strikes on refineries impacting infrastructure and production.

  • Total diesel and gasoil exports from Russian ports fell last month to around 3.6m metric tons while Turkey and Brazil remained the main importers.
  • Exports to Turkey fell 11% m/m to 1.1m tons and to Brazil fell 10% m/m/ to 0.47m tons.
  • Diesel and gasoil exports to African countries fell nearly 17% m/m to about 1m tons.
  • Russia's offline primary oil refining capacity was 2.28m tons in January rising to about 54% of capacity at 3.5m tons in February.
  • Russia shipped a diesel cargo to Syria onboard a tanker under US sanctions in the first known direct supply since 2013, Reuters reported last week.
  • Russia’s ultra low-sulphur diesel from Primorsk are set to reach 1.8m tons in March compared to 1.73m tons scheduled for the shorter month of February.