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Russia limits diesel fuel, liquefied gas supplies to Ukraine

The agreed volume is 30-50% lower than the current level.

Russia limits diesel fuel, liquefied gas supplies to Ukraine
Photo: UGMKinfo

As of 1 June, Russia rolled out new sanctions against Ukraine, having sharply reduced the supply of diesel fuel and liquefied gas to Ukraine.

According to Enkorr , the volume of diesel fuel agreed to be supplied in June will be 65,000 tonnes, including 50,000 tonnes from Rosneft and 14,900 tonnes from Lukoil.

As for liquefied gas, the June volume was set at 32,000 tonnes, including 20,000 tonnes from Rosneft and 12,000 tonnes from Lukoil.

At the same time, according to suppliers close to Lukoil, the agreed supplies for June will amount to 20,000 tonnes of diesel fuel and 10,000 tonnes of liquefied gas.

According to A-95 Consulting Group, in January-April 2019, the average monthly import of diesel fuel from Russia reached 225,000 tonnes, including 205,000 tonnes from Rosneft and 20,000 tonnes from Lukoil. Monthly deliveries of liquefied gas were at the level of 53,500 tonnes, including 43,000 tonnes from Rosneft and 10,500 tonnes from Lukoil.

Lukoil will reduce supplies by exactly 33% of the May level. It is unclear yet to what extent Rosneft is going to cut its supplies, but the likely figure is around 50-75% of the May volume.

The volumes of Russian diesel fuel and liquefied gas supplies to Ukraine will be agreed on a monthly basis by the Ministry of Economic Development of the Russian Federation. Earlier, the Federal Service for Customs and Export Control (FSTEC) approved the maximum export volumes for the year.

Earlier Russia said that as of 1 June, Russia will supply fuel and a number of other goods to Ukraine only on the basis of special permits.

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