MOSCOW (MRC) -- Russian oil producer Lukoil has started ship-to-ship (STS) loadings of ultra-low-sulfur diesel (ULSD) off its western exclave of Kaliningrad, according to traders and Refinitiv data, said Hydrocarbonprocessing.
About 33,000 tons of ULSD loaded by Lukoil in mid-February on to the M.T. Kalne tanker in the Baltic port of Primorsk has been taken to the port of Kaliningrad and is now being transferred on to the vessel Sea Runner, according to traders and Refinitiv data.
Lukoil has previously conducted STS loadings of Urals oil near Kaliningrad. Russia also plans to start STS loadings of light oil products and liquid petroleum gas (LPG) near its Baltic port of Ust-Luga, according to Federal State Unitary Enterprise (FSEU) Rosmorport.
A full EU embargo on Russian oil products went into effect on Feb. 5 and traders have since rerouted diesel exports to Africa and Asia, as well as used STS transfers.
We remind, Lukoil completes reconstruction of several units at Volgograd refinery. A large-scale reconstruction has been completed at the Volgograd refinery. The project included modernization of the CDU-VDU-5 crude distillation unit with production capacity of 3.5 MMtpy and the solvent extraction unit with production capacity of 300, 000 tpy. Over 230 core equipment items were installed and technologically outdated units were decommissioned. The share of Russia-made equipment installed during the reconstruction exceeded 70%. The construction site spanned the area of 34 thousand square metres; investments into the project exceeded 12 B roubles.