By Natali Moss
Thus, in the first weeks of January, the Russian Federation exported 2. 8 million tons of oil to Asia. "At the same time, exports of Russian and Kazakh oil from the ports of Primorsk and Ust-Lugu for the first 15 days of the year was already 3. 4 million tonnes, which is 35% more than in the first half of December,"-said in the source. In December last year, Russia used at least four VLCC supervisers to transport Russian oil to China.
In the first weeks of January, the Russian Federation also attracted one such vessel for the supply of India. According to traders, such measures help to reduce the cost of transportation of oil from Russia to Asia. Reuters also claim that China and India are bought from a large discount in the Russian Federation. The reorientation of the oil supplies to the Asia-Pacific region was re-orienting by the European Union oil embargo and the introduction of sea deliveries ceiling.
These measures were taken in response to the military aggression of the Russian Federation against Ukraine. Recall that G7 countries can set two ceilings of Russian oil prices. According to Reuters, since February 2023 the marginal prices for products that have been traded with a premium and oil -products that are traded may be different. Focus also wrote that in 2022 the European Union countries reduced the supply of oil from the Russian Federation by 90%.
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