HomeEconomyReuters: Saudi Arabia doubles oil imports from Russia

Reuters: Saudi Arabia doubles oil imports from Russia

Reuters reported that Saudi Arabia doubled its imports of Russian diesel fuel in the second quarter of this year, which is used to run power plants and marine engines, noting that “data I have been viewing through the Refinitiv Eikon platform indicate that Saudi Arabia has imported from Russia 647 thousand tons of diesel fuel through Russian and Estonian ports in the period from April to June of this year, while during the same period last year it imported 320 thousand tons.

In 2021, Saudi Arabia purchased 1.05 million tons of Russian diesel fuel. The agency cites traders reporting that Saudi Arabia has increased its imports of Russian diesel fuel through the UAE port of Fujairah, which reached 1.17 million tons of Russian fuel this year compared to 0.9 million tons in the same period last year.

She added: “According to the supply data, an additional 0.9 million tons of fuel oil could be delivered to Fujairah this July alone, which will increase the total volume to 2.1 million tons in the first seven months of this year, compared to 1.64 million tons last year. .”

Source: El Iktisad

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