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Diesel exports from Russia’s Primorsk may jump to record high in January

Ultra-low-sulphur diesel loadings from the Russian port of Primorsk may rise in January by about one-third in January from December and exceed 2.2 million metric tons, supported by higher fuel output and seasonally weaker domestic demand, data from traders and LSEG and Reuters calculations showed on Tuesday.

In December, exports via Primorsk, Russia’s largest outlet for ultra-low-sulphur diesel shipments, climbed 35% month-on-month to 1.7 million tons.

Shipping data show diesel loadings from Primorsk port this month so far totalled 1.356 million tons, or around 71,400 tons per day, with Turkey, Brazil and Morocco among key destinations, although many tankers have not yet declared their discharge ports.

Four additional vessels carrying a combined 170,000 tons of ULSD are currently being loaded at the port, according to LSEG.
Source: Reuters



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