The volume of offshore oil supplies from Russia reached a record level since June 2022 last week. It has been reported Bloomberg.
As the agency noted, this was facilitated by the redirection of volumes previously supplied directly to Germany and Poland.
The agency writes that cumulative Russian oil supply rose by 125,000 barrels per day in four weeks to 3,465 million. At the same time, the increase in maritime traffic in recent weeks has been almost entirely offset by a decrease in pipeline deliveries to Europe. Thus, while the volume of supply to Germany and Poland decreased to approximately 120 thousand barrels/day in January, 510 thousand barrels per day were supplied to these countries in the summer of 2022.
Bloomberg highlighted that the embargo imposed by the European Union on Russian oil imports has resulted in longer delivery times for goods, while the journey from the Baltic ports to India now takes an average of 31 days, compared to seven days from the same terminals to Rotterdam. and about half the time to Poland. The agency writes that this puts even more pressure on the dwindling fleet of ships whose owners are willing to carry Russian cargo.
from February 5 to behave EU embargo on the supply of petroleum products from Russia and ceiling on prices of Russian oil products transported by sea.