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Russia begins supplying fuel to Iran by rail – media

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Petroleum products are transported by rail from Russia to Iran via Kazakhstan and Turkmenistan.

Russia has started exporting fuel to Iran by rail for the first time after traditional buyers refused to trade with it. This was reported by Reuters news agency, citing industry sources and export data.

The oil ministries of Russia and Iran did not respond to media requests for comment.

The news agency, citing the sources, states that last fall, Deputy Prime Minister of Russia Alexander Novak announced the start of swap supply of oil products to Iran, but the actual supplies only started in 2023.

Russia sent up to 30,000 tons of gasoline and diesel to Iran in February and March, two people familiar with the export data told Reuters.

A third source confirmed the reality of the trade, but could not confirm the volumes.

All volumes are delivered by train from Russia via Kazakhstan and Turkmenistan. A source said some shipments of fuel were sent from Iran to neighboring countries, including Iraq, by trucks.

Iran is an oil producer and has its own refineries, but recently its consumption has exceeded domestic fuel production, especially in the northern provinces.

Russia has previously supplied small amounts of fuel to Iran via tankers via the Caspian Sea.

Russian oil companies are still interested in exporting diesel fuel and gasoline to Iran by rail, due to the fact that exports by sea face high freight rates and price restrictions from the G7.

As previously reported, Russia’s revenues from oil and gas exports fell by nearly 40% in January due to sanctions and price restrictions from Western countries.

Oil from the Russian Federation was sold for the third month at a discount of more than $30

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Source: korrespondent

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