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Russia's fuel exports decline as Tanger-Med shipments increase
Russia is facing a sharp decline in fuel exports and is increasingly resorting to importing certain petroleum products. In recent weeks, Moscow has seen the arrival of refined petroleum products from the port of Tangier Med in Morocco, where it imported around 40,000 tons weekly of these products during September and October, amid a noticeable drop in Russian diesel and gas oil exports due to export restrictions and disruptions at refineries following Ukrainian attacks. Additionally, Russia has begun to rely more heavily on importing fuel from Kazakhstan, Belarus, and India. Morocco has emerged as a new supply route through the Tangier Med port, which between January and August received millions of barrels of gasoline from Europe and sent about a million barrels to Russia in June and July, due to disruptions in refining operations and declining production. This indicates that Tangier Med has become an important logistical hub connecting multiple markets, especially amid the crisis in the Russian oil sector that has impacted its export capacity. This development coincides with Moroccan-Russian diplomatic interactions related to regional issues such as the Western Sahara file, where Moscow's positions in the Security Council played a role in passing a resolution to extend the MINURSO mission and in a potential political settlement, with Russia’s veto rights maintained and its voting abstention.
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