Saudi Arabia and Iraq to redirect more of their crude oil to Europe, helping oil refineries on the continent to supply water to Russian oil.
Bloomberg agency will tell you about it.
Bloomberg paid tribute to the rate of oil transportation by the pipeline, which runs through Egypt, and by ships through the Suez Canal. As a result of the agency's efforts, the massive flows of crude oil from the Close Skhod to Europe grew to 2.2 million barrels per day, which could be 90% more than in the same month, the last month before the ear of war.
Saudi Arabia supplies tankers with naphtha to the Egyptian terminal Ain Sokhna. Then we drink the syrovina into the Sumed pipeline and direct it to the terminal in the Mediterranean port of Sidi-Kerir. There, naphtha is re-introduced into tankers and straight to Europe. During the first three lindens of the year, over 1 million barrels of crude oil were transported through the pipeline – two times more, lower than for the same period in 2021 and 20% more, lower than last month.
Iraq transports naphtha only by sea. In total, the tankers, which sailed from the Persian tributary into the Mediterranean Sea through the Suez Canal, transported close to 1.2 million barrels of oil for production. Most of the oil was promoted in Iraq.
After the words of Lars Barstad, Chief Executive Officer of Frontline Management AS, Europe's appetite for near-sweet crude oil is being promoted to the rank of ton-miles, the world will drink, as I add a lot of vantage to those far away
“Imported ton-miles of the EU grew even less,” said Barstad, who maintains one of the largest tankers in the world. – Ton-miles of Russian oil grew in threes, as if no more.”