摘要: |
In March this year, bitumen supplier Nynas announced that it had stopped buying crude oil of Russian origin and would not be selling to customers in Russia or Belarus, due to the ongoing conflict in Ukraine. Russia exported around 5 million tonnes of bitumen in 2021, according to Dubai-based bitumen supplier Infinity Galaxy, with around half of that going to countries that are opposed to Russia's invasion of Ukraine. Russia's lost customers are now looking to countries including the US, Canada, Iran, Greece and Italy for bitumen. The two main grades of crude oil that Russia was exporting are Russian Export Blend and Urals, according to Frank Albrecht, managing director at ALBR3CHT Supply Concepts. Now bitumen suppliers will have to switch to different sources, which will impact on their products. |