Russian sea-borne diesel exports show monthly growth of 11%
(Reuters) - Russia's sea-borne diesel and gasoil exports rose by 11% to about 1.9 million tons in the first 17 days of July from the same period in June, as production grew after seasonal refinery maintenance, data from traders and Refinitiv Eikon showed.
Russia's offline primary oil refining capacity is expected to fall significantly this month to 2.326 million tons from 3.966 million tons in June, according to the data and Reuters calculations.
In July so far, Turkey and Brazil remain the top destinations for diesel exports from Russian ports, taking about half of total supplies, or 631,000 tons and 300,000 tons, respectively, Refinitiv shipping data showed.
Senegal and Morocco are the leading Russian diesel importers to Africa this month with 75,000 tons and 66,000 tons, respectively, while supplies to Togo and Ghana declined to only 37,000 tons and 30,000 tons.
In July to date, diesel and gasoil loadings from Russian ports to United Arab Emirates (UAE) trading hub Fujairah totaled about 150,000 tons - in line with the same period of June, according to Refinitiv data and Reuters calculations.
No Russian diesel cargoes were seen heading to Saudi Arabia this month, with only one going to the kingdom in June, shipping data showed.
About 250,000 tons of Russian diesel are destined so far in July for ship-to-ship (STS) loadings near the Greek port of Kalamata and for STS near Malta. The final destinations for those volumes are as yet unknown, but usually those cargoes end up in Turkey and Middle East countries.
Another 250,000 tons of diesel loaded in Russian ports since the start of July do not yet have a confirmed destination.
All the shipping data above are based on the date of cargo departure.
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