Helping Russia “bypass” EU restrictions on oil sales – China, India and Turkey.
Russia has maintained its crude oil exports after its invasion of Ukraine thanks to three countries – Turkey, India and China. Turkey plays an important role in this process. This was reported by Bloomberg news agency.
The media said that in recent weeks there has been a steady increase in the total flow of Russian oil to Turkey, China and India.
The publication added that deliveries to these countries reached 2.2 million barrels per day in June. However, a month ago this number dropped by about 350,000 barrels per day. At the same time, deliveries to Turkey rose to the highest level in a year. Tankers with a cargo of more than 40,000 barrels did not indicate their destination.
The news agency also draws attention to the fact that oil from Kazakhstan is mixed with Russian oil to create a single export grade. Kazakhstan, after the start of a full-scale war with Ukraine, rebranded its cargo to distinguish it from cargo sent by Russian companies.
Marine crude oil exports from Russia to European countries rose for the first time since early September, rising to 714,000 barrels a day a month ago, offsetting previous losses. All deliveries are sent to storage facilities in Rotterdam, Netherlands.
Tankers carrying crude oil to unspecified destinations in Asia are bound for Port Said or the Suez Canal, and the final unloading points are unlikely to be known until they pass through the Red Sea. Most of these ships arrive in India or China.
It should be noted that receipts in the Kremlin’s military treasury from the export of crude oil increased by 9 million dollars – up to 134 million. In addition, the median income for the previous month increased by $2 million to $145 million.
It should be noted that overall, Russia’s oil export revenue in September was still down 17.3% or $3.2 billion compared to August.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.