Rosneft
Rosneft’s exports increased to the level of 2020
In March, russian oil exports rose to the highest level since April 2020.
The main carrier of Rosneft was deprived of insurance
The Indian company Gatik Ship Management, which transported russian oil, lost its P&I insurance.
The price of Rosneft is increasing
The price of russian Urals oil on the world market is approaching the $60 mark. At the same time, as of April 6, the price of Rosneft exports to India, including shipping costs, was more than $73 per barrel.
Russia continues to sell oil to the EU through India
Thanks to record purchases of russian oil, India has increased imports of its own energy carriers to Europe.
Greece became the main carrier of Rosneft
Greek shipowners significantly increased the number of shipments thanks to the transportation of Rosneft.
Poland, Lithuania and Estonia call for lowering the “price ceiling” for Rosneft
Estonia, Lithuania and Poland proposed lowering the limit to $51.45 per barrel in order to further reduce the financing of the russian military industry.
Rosneft imports by India reached a record 1.6 million barrels per day
India’s oil imports from russia exceed the combined imports of traditional suppliers Iraq and Saudi Arabia.
India buys Rosneft much cheaper under the “price ceiling”
India buys oil from russia much cheaper than the “price ceiling” implemented by the G7 countries.
The EU will not reduce the “price ceiling” for Rosneft
The European Commission said that Rosneft’s price cap of $60 per barrel “proved to be effective” against the Kremlin’s war machine. There are no plans to lower the price ceiling in the near future.
Rosneft exports may decrease in March
Russia may reduce oil exports from its western ports in March. The decrease in exports occurs against the background of a reduction in oil production.
