Russia depersonalizes its oil by mixing it with Egyptian - Bloomberg

04 August 2022, 05:17 | Economy
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To circumvent Western sanctions, Russia transports its oil through the Egyptian terminal El-Hamra. It is reported by "

The agency traced the Crested tanker, which delivered 700,000 barrels of Russian oil to Al-Hamra on the morning of July 24.. A few hours later, another ship, Chris, took all or part of the oil from the port..

The Chris tanker is currently moored at the Ras Shuheir oil terminal on the Red Sea coast in Egypt.. This terminal also makes it possible to blend Russian crude with Egyptian, making it difficult to trace its origin..



The unusual move makes it harder to trace the cargo's final destination, reinforcing a trend of increasingly secretive Russian oil supplies as European buyers shunned them after Russia's invasion of Ukraine..

It is not yet clear whether the case of the Al-Hamra terminal is the only one or is one of the episodes of a regular scheme for the export of Russian oil to bypass Western sanctions..

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Earlier it was reported that the G7 countries are preparing to introduce marginal prices for Russian oil in order to deprive the aggressor of excess profits..




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