Russia is expected to boost diesel exports next month before EU sanctions take effect in February, Bloomberg reported on Friday.
The agency said in a report citing industry data that fuel shipments from Russian ports in the Baltic and Black Sea regions will rise to 2.68 million tons in January, up 8% from the volume planned in December, while exports are fixed. their highest levels since at least January 2020.
Russia’s loading plans include only the export of diesel fuel, which is transported to the country’s ports via pipelines, and some additional, smaller volumes that can be transported by rail. The report also indicated that the data for the port of Primorsk also includes a planned export of 120,000 tons of diesel fuel from Belarus.
And the European Union will ban the import of Russian oil products by the fifth of February. This comes after a ban on Russian oil came into effect this month.