[ad_1]
MOSCOW/DAKAR: Russia has considerably elevated its gasoline exports to Senegal this 12 months on rising bunker demandas extra corporations are diverting cargoes round Africa as a substitute of utilizing Crimson Sea routesmerchants stated and LSEG knowledge confirmed.
Russian gasoline oil provides to Senegal within the first two months of 2024 reached 550,000 metric tons in contrast with 1.08 million tons in the entire of 2023 and 0.37 million tons in 2022, changing oil product provides from Rotterdam, the information confirmed.
“Senegal has robust progress in bunkering,” one dealer stated. “The bunker gasoline suppliers are benefitting from the state of affairs in Suez.”
Since December final 12 months, many delivery corporations have instructed their vessels to sail round southern Africa as a substitute of utilizing the Crimson Sea as a result of assaults by Houthi militants, resulting in bunker gasoline demand progress.
Gas oil is extensively used for fueling ships, or bunkering. Senegal may additionally use it for energy technology, market sources stated.
Senegalese oil minister Antoine Felix Abdoulaye Diome didn’t reply to requests for remark when contacted by Reuters.
The majority of Russian gasoline oil provides to Senegal are shipped from the Russian Baltic port of Vysotsk, and in addition from the ports of Ust-Luga and St. Petersburg.
Russia has additionally exported about 0.2 million metric tons of diesel to Senegal because the begin of this 12 months, versus 0.8 million tons in 2023.
Most of these volumes are of high-sulphur gasoil loaded on the Black Sea port of Novorossiisk, in accordance with LSEG knowledge.
“You can additionally take bunker gasoline to Nigeria, however there’s extra piracy danger, so it is higher to take it north,” the dealer continued, including that he would anticipate additional bunker demand progress in African international locations due to the Crimson Sea state of affairs.
The European Union’s full embargo on Russian oil merchandise got here into impact in February 2023, and the majority of Russia’s gasoline oil and VGO was redirected to different areas, largely Asia and African international locations.
Russian gasoline oil provides to Senegal within the first two months of 2024 reached 550,000 metric tons in contrast with 1.08 million tons in the entire of 2023 and 0.37 million tons in 2022, changing oil product provides from Rotterdam, the information confirmed.
“Senegal has robust progress in bunkering,” one dealer stated. “The bunker gasoline suppliers are benefitting from the state of affairs in Suez.”
Since December final 12 months, many delivery corporations have instructed their vessels to sail round southern Africa as a substitute of utilizing the Crimson Sea as a result of assaults by Houthi militants, resulting in bunker gasoline demand progress.
Gas oil is extensively used for fueling ships, or bunkering. Senegal may additionally use it for energy technology, market sources stated.
Senegalese oil minister Antoine Felix Abdoulaye Diome didn’t reply to requests for remark when contacted by Reuters.
The majority of Russian gasoline oil provides to Senegal are shipped from the Russian Baltic port of Vysotsk, and in addition from the ports of Ust-Luga and St. Petersburg.
Russia has additionally exported about 0.2 million metric tons of diesel to Senegal because the begin of this 12 months, versus 0.8 million tons in 2023.
Most of these volumes are of high-sulphur gasoil loaded on the Black Sea port of Novorossiisk, in accordance with LSEG knowledge.
“You can additionally take bunker gasoline to Nigeria, however there’s extra piracy danger, so it is higher to take it north,” the dealer continued, including that he would anticipate additional bunker demand progress in African international locations due to the Crimson Sea state of affairs.
The European Union’s full embargo on Russian oil merchandise got here into impact in February 2023, and the majority of Russia’s gasoline oil and VGO was redirected to different areas, largely Asia and African international locations.
[ad_2]
2024-03-01 09:05:17
[
+ There are no comments
Add yours