New Russian policies prohibit foreign tanks from loading the country’s major ports of the country’s black sea, affecting exports of oil from Kazakhstan.
Foreign oil tanks are temporarily not allowed to download the main black port of the Russian Sea due to new policies. It reports about it Reuters With reference to resources in the oil industry.
This, in particular, is a violation of oil exports from Kazakhstan, which is primarily conducted by the Caspian pipeline consortium, the shareholders which are, among other things, American companies Chevron and ExxonMobil.
The ban also affected Russian oil exporting from the Novorossiysk port. According to the estimates ReutersRestrictions can affect more than 2% of global oil supplies.
A new ban has been introduced against the background of recent EU penalties against Russia.
The command of Russian Federation leader Vladimir Putin requires that foreign vessels receive permission from the Russian FSB Security Service for entry into ports. New steps entered into force immediately after decree’s publication.
According to resources, the problem is expected to be solved in the coming days. At the same time, oil exports through Russian terminals in July and August remained stable, but additional restrictions could affect the equipment.
The Mediterranean markets have been tense due to previous delays in loading oil from other regions, as well as due to infrastructure damage as a result of attacking drones in February.
Keep in mind that oil supplies from Russia have reached the minimum level since February, as refinery processing has increased faster than labor, which is reflected in export volumes.
Russian Federation’s exporting oil reaches a five -a minimum -mea
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Source: korrespondent
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