Page 116 - bneIntelliNews monthly country report Russia May 2024
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The top three regions in terms of the volume of STS transfers of Russian oil products in December 2023 – February 2024 were Kalamata Light, Pelepas Light and Dakar Light.
The origin of the product after STS transfer cannot be detected.
Russia may employ such operations to send its products to countries that imposed embargo on Russian oil products. Imports.
The recent increase of STS transfers off the coast of Senegal (Dakar Light) and Nigeria (Lagos Light) needs investigation of responsible authorities.
In February 2024, more than 69 unique tankers* participated in STS transfers of Russian oil exports. 5 IG-insured tankers from these group could carry Russian oil exports sold above the price cap as they were loaded from tankers
116 RUSSIA Country Report May 2024 www.intellinews.com
