Turkey’s imports of Urals crude are set to rise in May after top Turkish refiner, Tupras, resumed importing Russian crude now that it is trading below the $60 per barrel Western price cap, LSEG data showed and two traders said. Tupras resumed buying Urals crude in April after halting purchases of...
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Pertamina expands gasoline sourcing, excludes Singapore from two H2 2025 tenders
Pertamina, the biggest Indonesian state-owned gasoline importer, has broadened the geographical origin for cargoes in its latest second-half 2025 term tenders, subject to a list of approved countries, while excluding its top supplier Singapore from two of the five tenders with a total implied...
Egypt in talks to buy 40-60 LNG cargoes this year amid energy crunch, sources say
Egypt is in talks with international energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) to secure emergency fuel imports amid a worsening energy crunch ahead of peak summer demand, three sources aware of the matter told Reuters. Egypt’s domestic gas output fell in...
Kufpec offers LNG cargo from Australia’s Wheatstone plant for July loading
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has offered a liquefied natural gas (LNG) cargo for loading from Australia in mid-July, said two industry sources on Thursday. The cargo is offered from the Wheatstone plant in Australia for loading on July 14-17, in a tender that closes on May...
Bangladesh’s RPGCL seeks LNG cargo for mid-July delivery, document shows
Bangladesh’s Rupantarita Prakritik Gas has issued a tender for a cargo of liquefied natural gas for delivery on July 11-12, according to a document on its website. The tender is set to close on May 25. Source: Reuters
Japanese refiners see OPEC+ output hike impeding crude import diversification efforts
Japan may struggle to achieve the goal of reducing its overdependence on Middle Eastern crude, as OPEC+’s recent stance to increase output makes Persian Gulf barrels more economical than US or other arbitrage cargoes. In recent years, the Japanese refining industry has emphasized the necessity of...
India’s Russian oil imports hit 10-month high on strong demand for ESPO crude
India’s Russian crude oil imports will hit close to 1.8 million barrels per day in May, the highest in 10 months, ship tracking data from Kpler showed, after refiners snapped up more light grades such as ESPO Blend. The robust demand for the lighter Russian grades in the world’s third biggest oil...
China April soy imports from Brazil fall 22.2% vs year earlier
China’s soybean imports from Brazil fell 22.2% in April from a year earlier, data showed on Tuesday, as harvest delays, logistics issues and prolonged customs clearance disrupted shipments. China imported 4.60 million metric tons of the oilseed from Brazil last month, showed data from the General...
https://www.hellenicshippingnews.com/china-april-soy-imports-from-brazil-fall-22-2-vs-year-earlier/
China’s coal imports from Russia drop amid shift to domestic coal
China’s coal imports from Russia fell 13% in April from the same month last year to 7.397 million metric tons, customs data showed on Tuesday, as overall coal imports fell sharply. Russian coal shipments to China could increase in the coming months as Moscow is planning to support its coal...
China’s fuel oil imports rebound in April after sharp drop in March
China’s fuel oil imports edged higher in April versus the previous month when it logged a sharp drop, but still compared lower than the same month a year ago, customs data showed. Fuel oil imports totalled 1.83 million metric tons for April, or about 386,800 barrels per day (bpd), recovering to a...