Russian oil supplies abroad have seriously worsened

02.02.2021

In January of this year, Russian oil exports to non-CIS countries amounted to 17.42 million tons, having collapsed by 18.3 percent compared to the same period in 2020.

It is also estimated that the transit of Kazakhstan amounted to 1.04 million tons, Belarus – 142.5 thousand tons, Turkmenistan – 79.8 thousand tons, Azerbaijan – 157 tons. In January, supplies of Russian oil to neighboring countries increased by 215.4 percent – up to 1.28 million tons.

As for Russian oil revenues, in January-November last year they worsened by 40.9 percent compared to the same period in 2019, amounting to $66.391 billion. During this period, the quantity of exports of raw materials from Russia fell by 11 percent (to 220.241 million tons).