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Russian seaborne diesel exports drop in September, data shows

Data from market sources and LSEG show that Russia's seaborne gasoil and diesel exports fell 20% from August to 2.4 million metric tonnes in September, due to unplanned refinery shutdowns caused by Ukrainian drone attacks.

Several major refineries were hit by drones in August and September, including Surgutneftegaz's Kirishinefteorgsintez refinery, Lukoil's Volgograd refinery and Rosneft's Samara group of refineries.

In September, the Russian Baltic port Primorsk suspended all loadings following a drone strike.

Market sources reported that these disruptions resulted in a drop in diesel exports.

Due to fuel shortages on the domestic market, Russia has implemented a partial export ban for diesel, marine fuel, and other gas oil. However, traders are not expecting a major impact as Russia already has an export tariff prohibitive for non-producers.

Data from sources on the market and calculations show that in September, diesel exports via Primorsk - Russia's largest outlet for ultra-low-sulphur Diesel (ULSD) - fell 30% monthly to 0.93 millions tons.

The Black Sea ports Novorossiisk & Tuapse saw a decline of 12% & 17.5%, respectively.

In September, Turkey was the largest buyer of Russian gasoil and diesel. Imports fell 3% to 1,08 million tons.

Shipping data revealed that diesel shipments from Russian port to Brazil fell by 44%, to 190 000 tons.

LSEG data show that several diesel tankers leaving Russian ports still have not declared their destinations. (Reporting from in Moscow. Mark Potter is the editor.

(source: Reuters)