Imported Gasoline Stranded in Murmansk Over Price Dispute
«InfoTek»: Imported gasoline from India and Morocco is stuck in Murmansk due to a price dispute. Imported gasoline, delivered to Russia including from India and Morocco, has not yet reached the domestic market, reports «InfoTek» citing three industry contacts.
Consensus
- Imported gasoline from India and Morocco is stranded in the port of Murmansk.
- The gasoline has not been unloaded from tankers due to a pricing disagreement between oil companies and regulators.
- Oil companies propose selling the gasoline at 110,000 to 150,000 rubles per tonne, citing high logistics and tax costs.
- Regulators insist on selling the fuel at internal market prices.
- A new trading platform for imported AI-92 gasoline with delivery basis 'Kola station' in Murmansk was launched by the St. Petersburg Exchange on July 29.
- No trades have occurred on the new platform as of the reporting date.
- The first batch of Indian gasoline, supplied by Nayara Energy, arrived in Russia on August 5.
- Nayara Energy is 49.13% owned by Rosneft.
Points of divergence
- The average exchange price of AI-92 in the European part of Russia from August 10 to 14 was 72,416 rubles per tonne. — tg_echoonline_news
- The St. Petersburg Exchange introduced new trading instruments for AI-92 with delivery basis 'Kola station' on July 29, but no trades have started. — tvrain
- The St. Petersburg Exchange refused to comment, and the Ministry of Energy did not respond to the inquiry. — tg_tvrain
Coverage (3 sources)
- Imported fuel from India and Morocco stuck in Murmansk due to price dispute — InfoTEK — ЭХО / Новости
- «InfoTek»: Imported gasoline from India and Morocco «stuck» in Murmansk due to price dispute — Дождь
- «ИнфоТЭК»: Импортный бензин из Индии и Марокко «застрял» в Мурманске из-за спора о цене — Дождь (Telegram)