Russia has begun making ship-to-ship (STS) diesel transfers close to ports in Africa as it seeks transatlantic sales, per traders and Refinitiv Eikon data.
An EU embargo on Russia’s oil products on 5 Feb has enhanced Russia’s diesel exports to Africa, Asia, and the Middle East, with STS loadings in the Mediterranean Sea to shorten eastern channels.
In the last month, Russia has sent approximately 1.0 million tons of diesel to African countries, some of which...