The Tiburon is currently sailing to the Egyptian Suez Canal, but has not indicated its final destination.
On the Mediterranean coast of the Spanish enclave in North Africa, after a four-month break, Russian crude oil was sent between tankers. Bloomberg reported this.
It was noted that the Tiburon vessel collected about 100,000 metric tons of Russian Urals crude oil, which was first loaded at the Baltic port of Ust-Luga, from a ship of the same size Lucia last week.
The transshipment is the first since early April, thus continuing logistical work that has been critical to the Russian oil supply chain since the EU ban on crude purchases that began late last year.
As you know, Western companies are prohibited from providing services, including delivery and insurance, if the price of Russian oil exceeds $60 per barrel.
The Tiburon is now reportedly sailing through Egypt’s Suez Canal, but its final destination has not been announced. The main buyers in Asia are in China and India. Lucia follows back to the Baltic Sea.
Earlier it was reported that Russia in July maintained the export of oil and oil products at the level of June – 7.3 million barrels per day, while export earnings increased by $2.5 billion – to $15.3 billion.
It will be noted that the prices for most of Russia’s exports of oil and petroleum products now exceed the price limits set by the G7.
Source: korrespondent
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