Russian maritime oil and gas exports drop 6% amid ongoing sanctions

Moscow, June 22 (Petra) — Russia’s seaborne exports of oil and gas
have declined by approximately 6% since the beginning of the current
year, the Russian Ministry of Energy announced on Monday, attributing
the downturn directly to ongoing international trade restrictions.

The ministry stated in an official report that maritime energy
exports saw a sharp month-on-month contraction in May, falling by
roughly 36% to 3.2 million tons. This slide was driven by tightening
regulatory compliance and sanctions targeting the country’s broader
energy sector.

In response to the shifting trade landscape, Moscow is actively
looking for alternative markets, focusing its energy export
redirection strategy toward East Asian regions to offset Western
supply curbs.

//Petra// AF