Western allies purchased about $2 billion worth of fuel from Russian oil in the first half of 2024, the publication reports. Policy Referring to a report prepared for publication.
The supply of gasoline, diesel and other products produced from Russian oil has increased in recent months due to imports from three Turkish refineries, according to a study published Tuesday by the Center for Energy and Clean Air Research and the Center for Energy and Clean Air Research. Democracy. Turkey has increased its purchases from Russia by 34 percent in 2023 and 70 percent this year, taking advantage of Moscow’s discounts of between $5 and $20 per barrel.
“When the EU imports gasoline from Turkey, it is 10 percent cheaper than from Saudi Arabia,” said Vaibhav Raghunandan, an analyst at the Center for Research on Energy and Clean Air.
Western countries cannot claim to be unaware of the true source of the fuel. According to the report’s authors, one of Turkey’s oil refineries, Azeri-owned Star Ege, is 98% dependent on Russian oil, with 73% of its supply coming from Russian energy giant LUKOIL, which is under US sanctions.
Last week, it was learned that liquefied natural gas (LNG) exports from the United States to the European Union took place. decreased sharply Revenue at American suppliers fell to $791.4 million, the lowest level since 2021. At the same time, supplies to Asia increased, reaching 36% of total LNG exports from the United States.
Previously in the USA set out Expansion of anti-Russian sanctions to third countries.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.