Kazakhstan Railways has announced that it will ban the transportation of oil products to the Russian Black Sea port of Taman, starting from May 8. The decision was disclosed in a document issued by the state-owned railway operator to cargo shippers, without giving any reasons for the ban. However, traders have confirmed that the terminal is still handling oil products and liquefied petroleum gas (LPG).
Russian Railways Restricts Rail Deliveries to Taman Port
Following a fuel depot fire near a crucial bridge linking mainland Russia to Crimea, Russian Railways has also restricted rail deliveries to Taman port, effective from Wednesday this week until further notice. The Taman port's oil transshipment hub, located across the Kerch Strait from Crimea, has the capacity to handle 20 million tonnes of crude oil, oil products, and LPG annually.
Taman Port Continues to Handle Oil Products and LPG
Despite the ban, Taman port continues to handle oil products and LPG, according to traders. The port's oil transshipment hub handled 7.3 million tonnes of oil products from Russia, Kazakhstan, and Kyrgyzstan in 2022. In the first quarter of 2023, the port boosted exports of oil products by 15% from the same period in 2022, reaching 2.775 million tonnes, according to port sources.
Kazakhstan's Exports Via Taman Reached Over 1 Million Tonnes of Fuel Oil Last Year
Kazakhstan's exports via Taman port reached over 1 million tonnes of fuel oil last year, around 230,000 tonnes of LPG, and some 74,000 tonnes of vacuum gasoil. Although the situation at the approaches to the port is unstable, traders hope that the situation will stabilize, and the ban will be lifted by May 8.