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Russia’s gasoline exports reached historical record

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Russia’s gasoline exports reached historical record

Moscow, Mar 23 (Prensa Latina) Russian oil companies reached a historical record of 205,500 barrels of gasoline per day in January of this year, as reported by the Kpler export analytical entity.

The entity also specified that in the last four months Russian sales of gasoline by sea grew considerably, despite the fact that it is not a petroleum derivative exported on a massive scale, the Izvestia newspaper reported on Thursday.

After the start of the special military operation in Ukraine in 2022 and the intensification of anti-Russian sanctions, Western countries began to reject oil products from Russia. As a result, Russia redirected its oil products to friendly countries that did not join the sanctions.

Kpler export estimates that the largest volume of gasoline from Russia during the current month of March was shipped to Nigeria (54,800 barrels per day), which, according to Kpler oil analyst, Viktor Katoni, Nigeria has a high gasoline demand, and its own fuel production is meager.

Nigeria is followed by the United Arab Emirates, where regular shipments of Russian fuel began last June, peaking at 55,800 barrels per day in November 2022.

The increase in gasoline supplies to Nigeria and the Emirates, reflects the trend of increasing Russian fuel exports to Africa and the Middle East, the expert noted.

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