Russia's fuel supplies to Asia via Africa hit record high in July, LSEG data shows

MOSCOW, Aug 15 (Reuters): Russia's seaborne exports of oil products to Asia via the Cape of Good Hope almost doubled month-on-month in July to a record high of 1.1 million metric tons, as more vessels take the route around Africa to avoid the Suez Canal shortcut, LSEG shipping data showed.

The bulk of the exports were naphtha, at 0.83 million tons, according to market sources and shipping data.

Also taking the route were fuel oil cargoes loaded at the Russian Baltic ports of Ust-Luga and Vysotsk and low-sulphur diesel from Primorsk port.