Trade

Rare Russian oil cargo unloads in Ghana after three-month wait

An oil tanker holding Russian crude oil off the coast of Ghana is finally unloading its cargo after a three-month wait. The Suezmax class-tanker Snow Lotus is discharging about 1 million barrels of Lukoil PJSC’s Varandey crude, exported from the Arctic Sea, at Tema in Ghana, vessel tracking data compiled by Bloomberg show. It’s the fourth observed shipment of oil to the west African nation from Russia since Moscow’s troops invaded Ukraine in February 2022. Moscow has been slowly building up a roster of small customers for its crude to supplement the bulk of its sales that rely on China,...
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