Russia's seaborne diesel exports rise in July
(Reuters) - Russia's seaborne diesel and gasoil exports in July rose by 5% from a month earlier to about 3.8 million metric tons as seasonal refineries maintenance slowed down, data from traders and Refinitiv Eikon showed.
Idle primary oil refining capacity for July was estimated at 2.458 million metric tons, down from June by some 37%, Refinitiv data and Reuters calculations showed.
Since the full EU embargo on Russian oil products took effect on Feb. 5, Turkey remains the main destination for Russian diesel and gasoil seaborne exports, reaching about 1.3 million metric tons in July, or about one third of total month supplies, Refinitiv data shows.
Diesel loadings to Brazil from Russian ports, mainly from the Baltic port of Primorsk, could grow in July to record high, exceeding more than 700,000 million metric tons, according to the shipping data.
Last month, nearly 660,000 metric tons of Russian diesel were heading to African countries, mainly to Morocco, Tunisia, Ghana, Senegal and Libya.
Another 270,000 metric tons of diesel from Russia in July was destined for ship-to-ship transfers near the Greek port of Kalamata, Refinitiv data shows.
The final destinations for these cargoes are not yet known, and traders said they expected them to be in Turkey or the Middle East countries.
All the shipping data above are based on the date of cargo departure. About 200,000 metric tons of diesel loaded in Russian ports in July does not yet have a confirmed destination.
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