Shell Delivers KEBCO Oil to Poland's Gdansk for Germany's Schwedt Refinery
12.27.2023 By Tank Terminals - NEWS

December 27, 2023 [Nasdaq]- Shell delivered seaborne cargo of Kazakh KEBCO crude for its share in Germany’s Schwedt refinery via Poland’s Baltic port of Gdansk on Dec. 23, two trading sources said and LSEG data showed.

 

Kazakhstan supplies its KEBCO oil, similar to Urals in quality but of Kazakh origin, through the Russian ports of Novorossiisk and Ust-Luga as well as to Germany with the Druzhba pipeline.

Shell offloaded some 80,000 tonnes of KEBCO oil loaded from Russia’s Black Sea port of Novorossiisk on Dec. 23 in Gdansk. The cargo was supplied onboard of Seacalm vessel. The oil volume will be delivered to Schwedt refinery via pipeline connecting Gdansk to the plant, the sources added.

Shell did not reply to a Reuters request for comment.

Schwedt refinery supplies most of Berlin’s fuel and its majority stake is under the trusteeship of the German government.

Berlin placed Russia’s Rosneft’s German assets, including its 54.17% stake in Berlin’s Schwedt refinery, under a trusteeship last September in the wake of Russia’s invasion of Ukraine.

Shell holds a 37.5% stake in the Schwedt refinery, which it plans to sell to Britain’s Prax Group. Italy’s Eni ENI.MI owns 8.33% in the refinery.

Kazakhstan began supplying KEBCO oil to the Schwedt refinery via the Druzhba oil pipeline in transit through the Russian Federation, Belarus at the Unecha-Adamova Zastava section and further through Poland.

In January-November 2023, the volume of transportation of Kazakh oil through the Transneft oil trunk pipeline system towards the Adamova Zastava oil delivery point for further delivery to Germany amounted to 843,000 tons.

 

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Green Energy Park Secures $30m to Develop Major Renewable Hydrogen Production Plant in Brazil
04.26.2024 - NEWS
April 26, 2024 [Innovation News Network ]- Green Energy Park has announced it has signed an agree... Read More
RegO Introduces Device and App Update for LPG Tank & Regulator Testing
04.26.2024 - NEWS
April 26, 2024 [Tank Storage]- RegO, part of OPW, today announced the launch of its RegO Presto-... Read More
Avenir LNG Limited Orders 2 x 20,000cbm LNG Bunker and Supply Vessels
04.26.2024 - NEWS
April 26, 2024 [Yahoo Finance]- Avenir LNG announced that it has entered into a shipbuilding cont... Read More
Equinor to Expand LNG Trading, Eyes Deals in Europe, Asia, Senior Exec Says
04.26.2024 - NEWS
April 26, 2024 [Reuters]- Norwegian energy group Equinor plans to expand its liquefied natural ga... Read More