Kpler

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KPLER GmbH

Russian LNG Exports Surge in First Half of Year, But Decline Looms

Russian liquefied natural gas (LNG) exports increased by 2.7% in the first half of the year, reaching 16.79 million metric tons, according to Kommersant, as quoted by Reuters. However, future export volumes are expected to decline due to potential maintenance at the Sakhalin 2 facility.

Turkish Oil Terminal Halts Russian Imports

In a significant move reflecting shifting dynamics in global oil trade, Turkey's Dortyol terminal, a key Mediterranean oil hub, has announced its decision to cease accepting Russian oil imports. This decision comes in response to mounting pressure from US sanctions and signals a notable departure from Turkey's recent reliance on Russian crude.