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Russian Railway Gasoline Exports Fell 80% in 1H October

OIL PRODUCTS

Russian exports of gasoline by railway in the first half of October declined by 80% month on month to 37,000tons, data from market sources and Reuters calculations showed, amid the ongoing ban on gasoline and ULSD exports since 21 September.

  • The restrictions, which were eased in part last week, made an exception for fuel supplied under inter-governmental agreements, including with members of the Moscow-led Eurasian Economic Union.
  • In the first 15 days of October, Russian refineries sent by rail to Kyrgyzstan and Tajikistan some 10,000 and 4,900 tonnes of gasoline respectively. Both countries have inter-governmental fuel supply agreements with Moscow. Mongolia was also exempt from the ban and Russian gasoline exports to the country were around 6,800 tonnes.
  • Seaborne exports of gasoline and blending components in the first half of this month almost ceased to just 2.6kbpd, down from 139kbpd in September according to Vortexa data.

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