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Turkey’s Dortyol Oil Terminal Stops Importing Russian Oil

OIL

Turkey’s Dortyol oil terminal will stop accepting Russian oil imports amid an increase in sanctions pressure by the US, operator GTS said, cited by Reuters.

  • "GTS decided to cut all possible connections to Russian oil and declared accordingly to its customers in late February 2024 that even if there is no breach of any laws, regulations or sanctions, it would not accept any product of Russian origin or any products loaded from Russian ports as an additional measure to the sanction rules in effect," GTS told Reuters.
  • GTS added that all previous operations were in line with the G7 price cap.
  • The Dortyol terminal - which imports, exports, and stores fuel and crude - received 11.74mn barrels of Russian crude oil and fuel last year, Kpler data showed.
  • Exports from the terminal also jumped in 2023, increasing almost fivefold from 2021, to around 24.7mn barrels, according to Kpler.
  • The last tanker to discharge at Dortyol arrived on Feb. 19, delivering a 511,000 barrel diesel cargo from the Russian Baltic port of Primorsk, Kpler data showed.
  • GTS said it would still accept Russian cargoes that had been nominated before the ban took place in late-February.

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