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South Korean Media: South Korea Supplied Fuel to Russia

Russia received a shipment of oil products from South Korea totaling 30,000 tons

Russia received about 30,000 tons of oil products from South Korea following disruptions at refineries due to strikes. This was a necessary step amid a decline in oil processing volumes in the country.

According to Reuters, two tankers carrying oil products departed from the port of Ulsan towards Russia’s Far Eastern region at the end of July. It is reported that one of the tankers has already arrived in Russia, but unloading has not yet begun. The cargo reportedly includes diesel fuel and possibly jet fuel. This shipment became necessary due to the loss of part of the capacities due to drone strikes on Russian refineries.

Russia, which had previously begun importing gasoline from India and fuel from Morocco, has also significantly increased fuel supplies from Belarus. These measures are an attempt to compensate for the decline in oil processing volumes, which have returned to levels seen in the early 2000s—about 3.6 million barrels per day. At the end of July and the beginning of August, drones halted the operations of 11 Russian refineries, only some of which were fully restored.

Amid these events, demand for mini-refineries in Russia rose nearly 70-fold, indicating a significant need for additional fuel sources. However, experts warn that reliance on imports may pose additional challenges for the country’s economy in the face of global market instability.

Source Volume (tons) Products
South Korea 30,000 Diesel, Jet Fuel

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