Abroad

Russia uses Chinese supertankers to circumvent sanctions
At least 4 Chinese supertankers deliver russian Urals oil to China due to the refusal of Western companies to insure raw materials from russian federation.

Russia can transport contraband from Norway on fishing vessels
Norway has warned that russian fishing vessels calling at ports in the north of the country may be transporting contraband electronics to russia that are subject to European sanctions.

Russian Lukoil dropped out of the top 10 tanker charterers
The russian oil company “Lukoil” was removed from the list of the world’s largest charterers of tankers due to sanctions.

Tanker rates continue to fall
Since the beginning of the year, rates for tankers have decreased in all regions.

Russian oil fell in price to less than $40/barrel
The price of russian oil is currently twice as cheap as the world’s leading grades. Also, the value of Rosneft fell to a level lower than the limit, which was introduced by the G7 countries to limit moscow’s income.

Russia may lose its only aircraft carrier
In russia, shipbuilders and the military are trying to shift responsibility for bringing the only russian aircraft carrier to a critical state.

Iran is converting cargo ships into aircraft carriers
Iranian shipbuilders have converted a container ship into an aircraft carrier capable of carrying UAVs and helicopters.

China will extract oil in Taliban Afghanistan
The Taliban-led government of Afghanistan will sign a contract with a Chinese company to produce oil in the Amu Darya basin in the north of the country.

Estonia will offer the EU to lower the price ceiling for russian oil
The head of the Estonian Foreign Ministry, Urmas Reinsalu, said that the current maximum price rate for russian oil should be lowered even more.

Rosneft prices fell to $50/barrel due to sanctions
After the introduction of Western sanctions in December, russian oil prices fell to $50 per barrel.