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Russia turns to Asia for refined fuel, set to receive nearly 270,000 tonnes in Aug

Russia is importing refined fuel from Asian nations this month. Ukrainian attacks on its oil refineries have reduced domestic fuel production significantly. India supplies about one-third of these crucial refined fuel imports. These shipments use ship-to-ship transfers to obscure their origins. Russia has also tightened its own fuel export curbs to manage shortages.

Russia turns to Asia for refined fuel, set to receive nearly 270,000 tonnes in Aug

Russia is set to receive nearly 270,000 metric tonnes of refined fuel from Asia in August, employing ship-to-ship transfers amid ongoing Ukrainian attacks on its oil refineries and reduced domestic fuel production, according to Reuters and trade sources. This marks a significant shift for Russia, which typically exports refined petroleum products in large quantities.

The imports are primarily from India, accounting for about one-third of the total, with the remainder coming from South Korea and Malaysia. The shipments are being arranged through ship-to-ship transfers, a method that complicates tracing the fuel's origins due to potential exposure to Western sanctions. Two tankers carrying refined products are anticipated to reach Russia's Far East this week, with one carrying jet fuel loaded near Malaysia and another with gasoline off the coast of South Korea.

Japan has banned jet fuel exports to Russia, following similar restrictions on gasoline and diesel exports by Moscow. Russia has responded to fuel shortages by tightening its fuel exports, banning gasoline in April, jet fuel in June, and diesel in early July, with these bans set to remain in effect until January.

Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at timesofindia.indiatimes.com →

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