FSB Begins Issuing Permits for Oil Shipments via Russian Ports
Photo: Elements.envato.com, ill purposes
The Russian Federal Security Service (FSB) has begun granting permits for the transit of Kazakh oil through Russian Black Sea ports, Orda.kz reports.
According to Reuters, which cited four sources familiar with the matter, the FSB started issuing the required documentation after nearly a day-long pause that temporarily affected global oil flows.
The delay disrupted shipments, accounting for roughly 2% of the world’s supply.
The new requirement follows a decree signed by Russian President Vladimir Putin mandating that all foreign tankers receive FSB clearance before entering Russian ports. The measure is seen as part of Russia’s response to the EU’s latest — 18th — sanctions package, which targets the country’s financial and energy sectors.
While Kazakhstan’s Energy Ministry did not confirm interruptions to oil shipments through the Black Sea, it did say that discussions are underway regarding logistical issues at the Ust-Luga port on the Baltic Sea.
A Reuters source added that the negotiations may involve increased costs for insurance and diving inspections introduced by Russian authorities.
Original Author: Nikita Drobny
Latest news
- Croatia Will Finance Oil Exploration In Aktobe Region
- Half of Kazakhstanis Earn Less Than $1,000 a Month
- Is The Era Of Easy Extraction Over? Resource Development Is Being Rebuilt In Kazakhstan
- How a Kazakhstani Tried to Change His Ethnicity Through the Courts — and What Came of It
- Economist Names Kazakhstan Regions Lagging in Investment Transparency
- 14-Year-Old In Tesla Tries To Flee Police In Astana
- When a Michelin-Recognized Restaurant Will Open in Almaty, Akimat Says
- Transfers To China From Kazakhstan Fall To Six-Year Low
- Chinese Company To Build $1.2 Billion Steel Plant In Kazakhstan
- Moldova Finally Leaves The CIS And Bets On The EU
- Kazakhstani Scientists Develop Feed From Meat Processing Waste
- Why Large Families Face the Highest Poverty Risk in Kazakhstan
- Kazakhstan Schoolboy First in Central Asia to Receive Google Grant
- Kazakhstan Prosecutor General’s Office Checks Possible Ties Between Officials and Epstein Case
- After Farmers' Complaints, Kazakhstan Changes Potato Trading Rules
- Officials Accused Of Legalizing Thousands Of Migrants For Bribes In Astana
- Almaty Zoo Names Triplet Tiger Cubs
- Only One Loss-Making Bank Remains In Kazakhstan
- Cormorants To Be Shot In Pavlodar Region
- Kazakhstan And Ukraine Uncover Network Of Fraudulent Call Centers
