Russia resumes liquefied gas exports via Kerch – Reuters

According to traders, from September 1 to September 20, about 6 thousand tons of liquefied gas were supplied to Kerch. Deliveries in July-August amounted to 5.8 thousand tons.

Russian propane and butane producers have resumed exporting their products through the port of Kerch on the Crimean Peninsula, Reuters reported on September 26.

Citing its own sources in the sector, the institution noted that liquefied petroleum gas (LPG) exports have restarted after an 8-year break. According to inside information, exports started in the second half of June this year.

“Since LPG transportation via the Crimean Bridge is prohibited, supplies go by rail to the port of Kavkaz (Sea of ​​Azov) and then by ferry to Kerch,” a trader with knowledge of trade flows said, quoted by Reuters.

Important

The Kremlin will still make money: How Russian gas continues to flow to the EU

The publication emphasizes that this demonstrates Russia’s ability not only to bypass international sanctions, but also to export energy resources that fill the Russian budget. According to agency sources, liquefied gas occasionally arrives by tankers from Kerch in the spring, but exports are now regular, mainly going to Turkey.

“Traders say supplies via Kerch and ports in southern Russia are attractive due to pricing, but exports on this route remain constrained by security threats and the availability of tankers,” Reuters reported.

Details about Russian LPG

Liquefied natural gas (LPG) is used primarily as a fuel in automobiles, heating, and in the production of other petrochemical products. This energy source was exempt from broad Western sanctions, but regular LPG exports were still suspended. This happened due to large-scale international sanctions imposed on Russian companies and manufacturers due to the annexation of Crimea in 2015.

“However, while under sanctions, Russian producers diverted significant amounts of liquefied gas from Europe to Russia’s Black Sea terminals for further exports eastwards, particularly to China, as well as to Turkey, North Africa and the Balkan countries,” the agency said. notes.

At the same time, Russia’s liquefied gas exports increased by 10% in the first half of 2023 compared to the same period in 2022, reaching 1,911 million tons. Moreover, approximately one third of the total supply abroad is provided by sea.

According to Reuters, 34 percent of Russia’s total LPG exports were sent to Poland, 10 percent to Latvia, 6 percent to China and 5 percent to Afghanistan.

let’s remember this Focus He wrote that despite all attempts to abandon Russian gas, the Kremlin will continue to make money from energy resources.

In addition, in 2024, the contract for the supply of gas to Europe through the territory of Ukraine expires. The Ukrainian government will not renew the agreement.

At the same time Focus Reported that the Kremlin’s plan to increase gas supplies to Kazakhstan did not work – Turkmenistan rejected.

Source: Focus

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

Fibromyalgia Day: Symptoms and How to Cope with a Diagnosis

International Fibromyalgia Day is celebrated annually on May 12th. a chronic health condition in which people experience symptoms such as widespread pain and sensitivity...

Ford with LG Energy Solution for Turkey Battery Plant February 22, 2023 3

To support their plan for electrification in Europe, Ford an adequate supply of batteries must be ensured. It is for this reason that...