From the beginning of 2023 to mid-April, the export of Russian gasoline increased by 38% year-on-year, Kommersant writes, citing sources familiar with the statistics.
According to the interlocutors of the publication, exports amounted to 1.8 million tons. Production increased to 11.8 million tons (5% more than last year), gasoline reserves at refineries and tank farms exceed 2 million tons.
At the same time, the export of diesel fuel from Russia fell by 3% since the beginning of this year (9.5 million tons), although production increased by 7.5%, to 23.8 million tons. However, in the first half of April, an increase in supplies by 8 .5% (894 thousand tons), the newspaper notes.
Since the beginning of February of this year, the embargo imposed by the EU on sea shipments of Russian oil products and the price ceiling set by the G7 for them has been in effect. For premium oil products (naphtha, diesel, gasoline and kerosene), it is set at $100 per barrel, and for those sold at a discount (fuel oil), $45. Similar restrictions have been introduced for Russian oil since December last year (the price limit is $60 per barrel).
Against the backdrop of these restrictions, Russia has redirected supplies to the east. In particular, Bloomberg, citing data from the analytical company Vortexa, reported that in March, crude oil imports from Russia to India reached a new high of 1.64 million barrels. in a day. Moscow has become India’s largest oil supplier for the sixth consecutive month. In turn, Reuters wrote that the import of Russian diesel, naphtha and fuel oil to Singapore has recently increased significantly, from where these products are delivered to other Asian countries.
Source: Rosbalt
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