Turkey cuts Russian oil imports due to US sanctions – Reuters

Iryna Nesterova 16:26, 02.11.25 UNIAN

The two largest Turkish refineries have increased purchases of non-Russian oil

UNIAN collage, photo ua.depositphotos.com, UNIAN, Sergey Nuzhnenko
Turkey’s largest oil refineries have increased purchases of non-Russian oil / UNIAN collage, photo ua.depositphotos.com , UNIAN, Sergey Nuzhnenko

Turkey’s largest oil refineries have increased purchases of non-Russian oil in response to new Western sanctions against Russia, Reuters reported , citing sources with direct knowledge of the matter.

It is noted that Turkey, along with China and India, are major buyers of Russian crude oil. And now Turkish refineries are operating similarly to Indian ones, which indicates the impact of efforts by the United States, the European Union and the United Kingdom to restrict the sale of Russian oil, which is used to finance the war in Ukraine.

The article states that one of Turkey’s largest refineries, SOCAR Turkey Aegean Refinery (STAR), owned by the Azerbaijani company SOCAR, recently purchased four batches of crude oil from Iraq, Kazakhstan, and other non-Russian producers.

“According to Reuters calculations, this amounts to between 77,000 and 129,000 barrels per day (bpd) of non-Russian supplies depending on the size of the cargo, meaning SOCAR will use less Russian crude,” the publication writes.

Meanwhile, in September and October, virtually all of the oil processed by the STAR plant, which is about 210,000 barrels per day, was of Russian origin.

According to Reuters sources, one of the four batches of oil purchased by the Turkish plant is Kazakhstan’s KEBCO, which is the same quality as Russia’s Urals. Earlier this year, STAR received only one such batch, and in 2024 – none.

Another major Turkish oil refiner, Tupras, is also increasing purchases of non-Russian oil grades similar in quality to Urals, including Iraqi, two sources told the publication.

According to them, Tupras, which owns two large refineries in Turkey, will likely completely abandon Russian oil at one of them in order to maintain the ability to export fuel to Europe without violating future EU sanctions. The company will continue to process Russian oil at the second plant.

According to Kpler, Turkey is expected to receive 141,000 barrels per day of Iraqi oil in November, up from 99,000 bpd in October and an average of 80,000 bpd for the year. It notes that data for December is not yet available.

The report states that in January-October 2025, Turkey imported approximately 669,000 barrels of oil per day, of which 317,000 barrels (47%) were Russian oil. For comparison: during the same period last year, imports amounted to 580,000 barrels per day, of which 333,000 barrels were from Russia.

US sanctions against the Russian oil industry

As UNIAN previously reported, on October 22, the United States announced that it was imposing tough sanctions against Rosneft and Lukoil . The US Treasury Department explained that the restrictions were being imposed due to Russia’s lack of serious commitment to the peace process to end the war in Ukraine.

On October 28, it became known that Indian refineries began to cancel orders for Russian oil due to US sanctions. In addition, some companies even canceled previous orders. At the same time, it was noted that some state-owned refineries in India are considering the possibility of continuing to receive some cargoes of Russian oil at discounts from small suppliers instead of the sanctioned Rosneft and Lukoil.

According to Ukrainian President Volodymyr Zelensky, the new sanctions will cut Russian oil exports by 50%, resulting in a loss of up to $5 billion in revenue per month. The head of state expressed hope that the US administration’s decision will be followed by “new secondary sanctions” and “parallel steps from Congress.” 

https://www.unian.ua/economics/energetics/sankciji-ssha-proti-rf-turechchina-skorochuye-import-rosiyskoji-nafti-13183167.html

3 comments

  1. “the new sanctions will cut Russian oil exports by 50%, resulting in a loss of up to $5 billion in revenue per month.”

    “TACO” will NEVER help Ukraine!
    Oh wait…………;)
    Slava Ukraini~~!!

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