Russia prepares to import jet fuel from Asia amid fuel crisis, Reuters reports
Russia has begun preparations to import a shipment of aviation fuel from Japan through a chain of intermediary companies.
Source: Reuters
Details: Russia is facing a fuel crisis following Ukrainian attacks on its energy infrastructure, with at least 200,000 barrels of aviation fuel planned for loading from the city of Chiba in Japan in the first half of July.
Reuters reported citing sources that the fuel will first be sent to South Korea, with several traders involved in the overall chain of the deal.
Kpler, a company that tracks global supply chains, said Russia last imported jet fuel along this route in February 2022. A shipment of 22,000 barrels was then sent from the port of Yeosu to Vladivostok.
Background:
- Russia began importing petrol by sea for the first time in a long period in an attempt to cover a fuel shortage caused by Ukrainian strikes on its oil refineries.
- Russia is negotiating with Kazakhstan to import around 50,000 tonnes of AI-92 petrol to ease domestic shortages caused by refinery shutdowns and unscheduled repairs.
- Earlier, Rostov-based airline Azimuth sounded the alarm over an acute shortage of aviation fuel in Russia's southern regions.
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