off-the-wire

Lukoil has started STS transfers of ULSD near Kaliningrad- traders, Refinitiv data

Kitco Media
By Reuters
Published:
Updated:
Reuters



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MOSCOW, March 2 (Reuters) - Russian oil producer Lukoil has started ship-to-ship (STS) loadings of ultra-low-sulphur diesel (ULSD) off its western exclave of Kaliningrad, according to traders and Refinitiv data. About 33,000 tonnes of ULSD loaded by Lukoil in mid-February on to the M.T. Kalne tanker in the Baltic port of Primorsk has been taken to the port of Kaliningrad and is now being transferred on to the vessel Sea Runner, according to traders and Refinitiv data. Lukoil did not reply to a request for comment. Lukoil has previously conducted STS loadings of Urals oil near Kaliningrad. Russia also plans to start STS loadings of light oil products and liquid petroleum gas (LPG) near its Baltic port of Ust-Luga, according to Federal State Unitary Enterprise (FSEU) Rosmorport. A full EU embargo on Russian oil products went into effect on Feb. 5 and traders have since rerouted diesel exports to Africa and Asia, as well as used STS transfers. (Reporting by Reuters; editing by Jason Neely)

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