Russia boosts gasoline exports to Africa – Reuters

The country shipped over 800,000 tons of the fuel to the continent in the first quarter as it redirected deliveries from the EU

Russia’s gasoline exports surged by nearly 50% year-on-year in the first quarter of 2023, largely due to increased shipments to Africa, Reuters reported on Thursday, citing Kpler ship tracking data.

Russia’s total gasoline exports over January-March amounted to 2.2 million tons, up from about 1.5 million tons in the same period last year, according to the report. Africa imported about a third of these volumes, or some 812,000 tons, the data showed.

The cargoes were delivered directly to the continent, the report states. Prior to the EU ban on Russian seaborne oil products introduced in February, Russia used to export gasoline to Africa via Latvia’s Ventspils Port. Refinitiv data showed that Ventspils imported about 550,000 tons of Russian gasoline intended for Africa in the fourth quarter of last year.

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Russia boosts gasoline exports to Africa – Reuters

 

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