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

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine

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)

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

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

By Reuters

Reuters

Reuters

Gold is never going back to $2,000: 'That's history,' prices to 3x from here – Peter Schiff

Solid price gains for gold, silver after busy news weekend

‘Biggest economic shift since Nixon’: Major U.S. monetary policy changes coming in 12-36 months – Jack Mallers

India joins South Africa in denying BRICS currency plans after Trump’s 100% tariff threat

Silver prices breach $32/oz as bullish technicals and fundamentals suggest potential breakout