Economy

Russia begins diesel exports to Sudan, LSEG data shows

Date: Apr 11, 2024

Russia has begun diesel exports to Sudan as Moscow seeks new markets for its refined products after an European Union (EU) embargo, LSEG data shows.

Since the full EU embargo on Russian oil product imports was imposed in February 2023, diesel supplies have been diverted to Brazil, Turkey, countries in Africa, Asia and the Middle East as well as ship-to-ship loadings.

LSEG data shows that two fuel tankers, Pavo Rock and Conga, delivered a total of about 70 000 metric tons of ultra-low sulphur diesel to Sudan after it was loaded in February at the Russian Baltic port of Primorsk.

The cargoes discharged at Port Sudan Al Khair Terminal on April 2 and April 5 respectively, shipping data shows.

Another vessel, the Marabella Sun, loaded in March at the Russian Baltic port of Vysotsk, is heading towards Port Sudan and should be discharged on April 17, LSEG data shows.

Sudan's petroleum ministry did not respond to a request for comment.

Sudan needs about 45 000 barrels per day of diesel (about 6 000 tons per day) to meet local demand, one analyst said.

The country imports 60 000-70 000 metric tons of diesel a month, mainly from Saudi Arabia and United Arab Emirates. Diesel arrivals in Sudan totalled about 116 000 metric tons in March, the LSEG data shows.

 

--Reuters--

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