Economics

The Russian Federation has overcome sanctions again: the Kremlin launched a mechanism of export that has idle for 8 years - the media

According to journalists, exports of gas through this port were stopped in 2015, but now the Kremlin has decided to restore it, despite the threats of security. Most of the gas goes to the sea routes to Turkey. Russian producers of liquefied hydrocarbon gas (SVG) have restored regular export of propane and butane through Kerch to the occupied Crimea. Yes, it all began in June 2023. About it writes Reuters with reference to its sources.

It is reported that gas exports through this port were stopped in 2015, but now the Kremlin has decided to restore it, despite the threat of security. Most of the gas goes to the sea routes to Turkey. According to journalists, the restoration of gas exports emphasizes Russia's ability to cope with international sanctions imposed for a full -scale invasion of Ukraine.

"Supplies go to the Port of the Caucasus (in the Azov Sea) and then a ferry to Kerch, since the transportation of ZVG through the Crimean bridge is forbidden," the source said. According to traders, about 6 thousand tons of ZVG were put in Kerch from September 1 to September 20. In July-August deliveries amounted to 5800 tons.

Deliveries through Kerch and southern ports of Russia are very attractive due to prices, although exports by this route are still constrained by security threats and a limited number of tankers. According to journalists, exports of ZVG from Russia in the first half of the year increased by 10% compared to the same period of 2022 to 1. 911 million tons, with about a third of the total volume of foreign deliveries.

Journalists noted that ZGG is mostly used as fuel for cars, heating and production of other petrochemical products. Recall that on September 25, the media wrote that Russia bypasses G7 sanctions for most of its oil exports. In August this year, almost 75% of all oil supplies from Russia were carried out without Western insurance compared to approximately 50% in the spring. It was also reported that on September 26, the United States imposed new sanctions against Russian companies related to MIC.