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Saudi Sends First Gasoil to Singapore Since Aug 2021

OIL PRODUCTS

Saudi Arabia shipped gasoil to Singapore in April for the first time since August 2021 according to Kpler data.

  • Saudi Arabia typically exports gasoil to Europe and Africa but last month saw 139k tons transported from Jizan port which was the highest level since July 2020.
  • The fuel is scheduled to be discharged in Singapore on 11 May but could be re-exported Russian volumes instead of gasoil from Jizan refinery according to FGE.

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