List of 13 companies still buying Russian crude oil

Several Western countries, including the United States, imposed an outright ban on Russian energy imports, following Moscow’s invasion of Ukraine, but major European economies dependent on Russian oil and gas have avoided drastic measures showing the divide in the European Union.

Australia, Britain, Canada and the US have banned the import of Russian oil purchases in the wake of the Russian aggression, which has triggered the biggest refugee crisis in decades.

Many buyers in Europe have shunned Russian crude voluntarily to avoid reputational damage or possible legal difficulties.

Others, such as commodity traders Trafigura and Vitol, have continued buying Russian crude under existing long-term contracts.

The following lists major buyers of Russian oil:

1.  Neftohim Burgas

A Bulgarian refinery, owned by Russia’s Lukoil, and, with Russian crude accounting for about 60 percent of its intake, continues to refine Russian crude.

2.  MiRo

Russian crude continues to account for about 14 percent of the intake at Germany’s largest refinery, Miro, which is 24 percent owned by Rosneft.

3. PCK Schwedt

Germany’s refinery, 54 percent owned by Rosneft, receives crude oil via the Druzhba pipeline.

4. Pertamina

Indonesian state energy firm PT Pertamina is considering buying crude oil from Russia as it seeks oil for a newly revamped refinery.

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5. Leuna

The land-locked Leuna refinery in eastern Germany, majority-owned by TotalEnergies, is also fed Russian crude by the Druzhba pipeline.

6. Hellenic Petroleum

Greece’s biggest oil refiner relies on Russian crude for about 15 percent of its intake. The company earlier this month secured additional supplies from Saudi Arabia.

7. ISAB

Italy’s largest refinery, owned by Lukoil-controlled Swiss-based Litasco SA, processes Russian and non-Russian crude.

8. MOL

The Hungarian oil group, which operates three refineries in Croatia, Hungary and Slovakia, continues to be supplied by the Druzhba pipeline. Hungary is opposed to sanctions on Russian oil and gas.

9. Zeeland Refinery

The Dutch refinery, 45 percent owned by Lukoil, declined to comment on whether it was using Russian crude oil.

10. Rotterdam Refinery

Exxon Mobil declined to comment on whether its Dutch refinery in Rotterdam was using Russian crude oil.

11. Hindustan Petroleum

India’s state refiner bought two million barrels of Russian Urals for May loading, according to trading sources last week.

12. Indian Oil Corporation

India’s top refiner on March 23 bought three million barrels of Urals for May delivery from Vitol, trade sources said. This is the second purchase of Urals by IOC since Russia invaded Ukraine on February 24.

13. Nayara Energy

Indian private refiner, part-owned by Russia’s Rosneft, has bought Russian oil after a gap of a year, buying about 1.8 million barrels of Urals from trader Trafigura.

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