Singapore’s base oils imports over the past week included the first large shipment from Russia in months.The island-state’s base oils imports in the week to September 20 included the delivery of a 15,000t cargo of Russian origin, government data showed.Europe’s ban on base oils imports from Russia from early this year closed off the country’s key export market.The move increased the need to redirect more supplies of Russian origin to other regions such as Mideast Gulf and Asia.Singapore's base oils imports from Russia already fell sharply last year. The slowdown extended into this year.Only one other large shipment moved from Russia to Singapore this year, back in May.A surge in Singapore’s base oils imports from Turkey last year also failed to extend into this year.Turkey has become a key destination for supplies of Russian origin..Spore’s exports rise in week to Sep 13
Singapore’s base oils imports over the past week included the first large shipment from Russia in months.The island-state’s base oils imports in the week to September 20 included the delivery of a 15,000t cargo of Russian origin, government data showed.Europe’s ban on base oils imports from Russia from early this year closed off the country’s key export market.The move increased the need to redirect more supplies of Russian origin to other regions such as Mideast Gulf and Asia.Singapore's base oils imports from Russia already fell sharply last year. The slowdown extended into this year.Only one other large shipment moved from Russia to Singapore this year, back in May.A surge in Singapore’s base oils imports from Turkey last year also failed to extend into this year.Turkey has become a key destination for supplies of Russian origin..Spore’s exports rise in week to Sep 13