russian oil
In August, 1 billion euros worth of Russian oil was transferred from ship to ship in EU waters
In August of this year, transshipment of Russian oil from ship to ship (STS) worth 1 billion euros was carried out in EU waters. Approximately 73% of these shipments were carried out by tankers insured under G7+, said Anatoliy Amelin, co-founder and director of economic programs of the Ukrainian Institute for the Future. According to…
The EU plans to detect illegal transshipment of Russian oil
The EU will strengthen the exchange of information to detect tankers carrying Russian oil ship-to-ship.
Bulgaria banned the export of fuel from Russian oil
The Parliament of Bulgaria banned the processing of Russian oil. The ban will take effect in January.
Despite the embargo: the tanker brought Russian oil to the US Navy base
The tanker delivered 50,000 tons of Russian oil products from Novorossiysk to the Norfolk (USA) naval base.
Half of Russian oil is transported by “shadow” tankers
Russia’s oil export revenue for October became the second largest in 2023. Half of the volumes were transported by “shadow” tankers, which are not subject to the price cap policy.
The US imposed sanctions against companies and ships transporting Russian oil
The United States imposed sanctions against ships and companies involved in the transportation of Russian oil.
Denmark will inspect and detain tankers with Russian oil
The EU authorities can instruct Denmark to check and detain tankers with Russian oil transiting through its territorial waters.
The Russian Federation almost completely bypasses the “price ceiling” for oil
In October 2023, the average price of Russian oil by sea was $80 per barrel.
The US will check shipowners for violating sanctions on Russian oil
The U.S. Treasury Department has asked shipping companies to provide information on 100 tankers suspected of violating Russian oil sanctions.
Despite the embargo: a Greek tanker delivered Russian oil to Italy
150,000 tons of Russian oil were delivered to the port in Italy, which was exported directly from the Russian Federation despite the sanctions.
