Surge in Russian LPG Exports to Afghanistan Amid EU Sanctions
Russia’s liquefied petroleum gas (LPG) exports to Afghanistan have surged following European Union sanctions. Exports increased by 80% to Central Asia, while supplies to Afghanistan rose 52% to 71,000 tons. Anticipations suggest a strong demand for LPG in Afghanistan, projected at 700,000 tons annually.
Following the implementation of European Union sanctions against Russia at the end of 2024, the country’s exports of liquefied petroleum gas (LPG) to Afghanistan and Central Asia have surged. These sanctions, which became effective on December 20, were initially proposed by Poland, a significant importer of LPG from Russia due to the ongoing conflict in Ukraine.
LPG, which comprises propane and butane, is primarily utilized as automotive fuel, for heating, and in the production of various petrochemicals. Industry sources indicate that the delivery of LPG via railway from Russian production facilities, including the Kazrosgas joint venture with Kazakhstan, has increased by 80% year-on-year from January to February, amounting to 140,000 metric tons.
Afghanistan has emerged as the leading consumer in the region, with its imports of Russian LPG rising by 52% during the same period, reaching 71,000 tons. Expectations suggest significant potential for increased supplies to Afghanistan, where the annual demand for LPG is estimated to be around 700,000 tons.
In summary, the new European Union sanctions on Russia’s LPG exports have led to a remarkable increase in shipments to Afghanistan and Central Asia. The monthly LPG deliveries have surged significantly, particularly to Afghanistan, the region’s largest consumer, which may further heighten its demand for this resource in the upcoming years.
Original Source: www.tradingview.com
Post Comment