None of the 16 tanks loaded espo oil from the Eastern harbor of Kozmino entered into the US penalties after Washington expanded restrictions at the beginning of last month.
Oil supplies from Russia’s largest Pacific ports remain stable, despite new US penalties. Exporting raw oil from the Kozmino port remains stable, as consignors and merchants work in avoiding US penalties, which attract new vessels. Bloomberg reported this on Wednesday, February 19.
Between January 30 and February 16, none of the 16 tanks exporation of espo from Kozmino Port were on the US penalty list, Bloomberg and Kpler testify. While eight of them had not brought various oils.
Many new tankers go to the flags of Panama, Cook Islands, Sierra Leone and Djibuti. Almost the entire volume of Russian oil was sent to China, including the ports of Dunin, Huyzhou and Dunjiakou. Most of the courts are among the companies registered in Shanghai, Hong Kong and Seychelles, indicate equasis data.
The oil market carefully monitors how Russia continues the oil supply in world markets, especially against the rear of direct communication between Trump and Moscow management in Saudi Arabia about the potential regulation of the Russian Federation against Ukraine. It raises the question of whether penalties can be weakened.
After alleviating the US penalties, the rates for oil transport from Kozmino to Asia initially grew dramatically, after which it was slightly stabilized. Currently, the cost of a flight to China is about $ 5 million, while until January 10 the price is $ 1.5 million.
Earlier, one of the largest port operators in China – Shandong Port Group – from Monday, January 6, banned tanks under United States penalties, go to their ports in the Eastern Chinese province of Shandun .
Source: korrespondent
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