MOSCOW (MRC) -- Russia is set to resume supplies of liquefied petroleum gas (LPG) from a Sea of Azov port on Tuesday for the first time since Moscow started its military operation in Ukraine, reported Reuters with reference to data from the port and Refinitiv Eikon.
Supplies of LPG, which is used in the petrochemical industry and to fuel vehicles and stationary generators, had been halted from the Temryuk terminal since February 24 following a ban on shipments in the region imposed by the Russian sea and river transport regulator.
According to the port data, there are plans to load a gas tanker called Premier on Tuesday under the flag of the Comoro Islands. It is bound for the Bulgarian port of Burgas.
The cargo vessel is due to export an LPG cargo of around 2,400 tons, according to Refinitiv Eikon data and industry sources.
As MRC informed earlier, TotalEnergies reaffirms its firmest condemnation of Russia's military aggression against Ukraine, which has tragic consequences for the Ukrainian population and threatens peace in Europe. To act responsibly, as a European company and in accordance with its values, TotalEnergies has defined clear principles of conduct for managing its Russian related business: ensure strict compliance with current and future European sanctions, no matter what the consequences on the management of its assets in Russia, and gradually suspend its activities in Russia, while assuring its workforce's safety.
We remind that in late February, 2022, TotalEnergies condemned what it called Moscow's military aggression in Ukraine but stopped short of joining rivals Shell and BP in planning to exit positions in resource-rich Russia. The French oil major, which holds a 19.4% stake in Novatek, Russia's largest producer of liquefied natural gas, said it "will no longer provide capital for new projects in Russia".
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,487,450 tonnes in 2021, up by 13% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market totalled 1,494.280 tonnes, up by 21% year on year. Deliveries of homopolymer PP and PP block copolymers increased, whreas.shipments of PP random copolymers decreased significantly.