MOSCOW (MRC) -- Nine tankers carrying Russian-origin crude and fuel oil have discharged in the US in April, likely the last ones to deliver before a wind-down set by Washington expires this week, reported Reuters with reference to customs and tanker tracking data.
The US last month set an April 22 ban on imports of Russian crude and refined products. The US gave importers of Russian petroleum, liquefied natural gas and coal 45 days to taken route and under-contract cargoes.
Tanker Seamagic, which loaded fuel oil at Russia's Taman port, discharged at Valero Energy's St. Charles, Louisiana, refinery last week, the last of the nine tracked to discharge. The data does not include ship-to-ship transfers or Russian-origin oil loaded elsewhere.
Minerva Ellie, a vessel carrying high sulfur fuel oil and sold by Russia's Rosneft, also discharged at Valero's St. Charles facility, according to US customs data. The cargo was chartered by commodities trader Vitol.
Valero, Vitol and the managers of the tankers did not immediately reply to requests for comments.
The US imported 672,000 bpd of Russian crude and refined products last year, according to data from the Energy Information Administration. Of that, 30% or 199,000 bpd was crude, while 473,000 bpd was refined products.
This month, one crude and eight fuel oil tankers carrying about 6.3 million barrels and which departed from Russian ports reached US ports and lightering zones, according to the data.
A 2 million-barrel cargo of Caspian Pipeline Consortium (CPC) Blend and Urals crude that departed from Russia was received in Delaware, according to ship tracking data based on the chartering contract.
As MRC wrote before, record volumes of fuel oil from Latin America landed in the US in March, customs data showed, as refiners snapped up alternatives to Russian feedstocks ahead of Washington's April 22 deadline to end U.S. imports of Russian oil. US Gulf Coast refiners that use fuel oil to supplement heavy crude went hunting for new supplies last month after US President Joe Biden placed a ban on Russian crude and refined products with a 45-day wind-down period. Russia accounted for about a quarter of the 524,400 bpd of fuel oil the US imported last year. It also supplied some 200,000 bpd of crude mostly to U.S. East Coast refiners.
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.