Page 24 - UKRRptJul22

Ukraine exports about 1.5 million tons of grain by land. Ukraine has recently exported an average of 1.5 million tons of grain per month by land, stated Coordinator of the Council of Exporters and Investors Olga Trofimtseva. She noted that European infrastructure and logistics were not ready for the grain that Ukraine seeks to export. In this context, the diplomat noted the efforts of Poland, Germany, and other countries to build transit hubs at the borders and accelerate train passage with Ukrainian grain between countries to ports where it can be loaded on ships.
A Russian ship with stolen Ukrainian grain has been in Türkiye. Turkish customs authorities arrested a Russian ship with stolen Ukrainian grain, said Ukrainian Ambassador to Türkiye Vasyl Bodnar. “Now the ship is at the entrance to the Turkish port after its customs authorities detained it," Bodnar emphasized. A group of Turkish investigators will decide the ship's fate on Monday. The Ukrainian Ambassador expressed hope that the vessel will be arrested, the property will be confiscated, and all involved in this affair will be brought to justice. This was the first Russian vessel that departed from the temporarily captured port of Berdyansk to Türkiye with Ukrainian grain.
Ukraine cancels wheat export licensing and nitrogen fertilizer export quotas. Wheat and its mixture with rye were excluded from the list of goods whose export is subject to licensing, announced a representative of the Ukrainian Parliament. In addition, oats and mineral or chemical nitrogen fertilizers have been excluded from the quota volumes of goods whose export is subject to licensing. Instead, these items were included in the list of goods whose export is subject to licensing. Last month, Ukraine expanded the list of goods whose export permit will be issued by the Ministry of Economy: wheat, corn, poultry, chicken eggs, and sunflower oil were included in the list of licensed exports. In March, corn and oil were excluded from this list, but wheat remained, despite the requests of market participants.
Ukrainian parliament approves bill to bring customs law in line with EU standards. The bill, which will help Ukraine join the Convention on a Common Transit Procedure, was approved in the first reading.
Who were the biggest importers of hydrocarbons in teh frist 100 days of the war? Russia earned EUR 93 billion in revenue from fossil fuel exports in the first 100 days of the war (February 24 to June 3). The EU imported 61% of this, worth approximately 57 billion EUR.
The largest importers were China (EUR12.6bln), Germany (EUR12.1bln), Italy (EUR7.8bln), Netherlands (EUR7.8bln), Turkey (EUR6.7bln), Poland (EUR4.4bln), France (EUR4.3bln) and India (EUR3.4bln).
The revenue comprises an estimated EUR46bln for crude oil, EUR24bln for pipeline gas, EUR13bln for oil products, EUR5.1bln for LNG and EUR4.8bln for coal.
India, France, China, United Arab Emirates and Saudi Arabia increased imports.
India became a significant importer of Russian crude oil, buying 18% of the country’s exports. A significant share of the crude is re-exported as refined oil products, including to the U.S. and Europe, an important loophole to close. European buyers, in France, Belgium and the Netherlands, bought most of the short-term cargoes at a discount, buying LNG and crude oil on the spot market. These purchases take place outside of pre-existing contracts, hence
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