Pump Under Pressure. Europe Brings Diesel From 19,000 Km, From South Korea, for Fear of Shortage • Newsweek Romania
4 Articles
4 Articles
A tanker will travel 19,000 km from South Korea to supply Europe with diesel. "We lack stock and are going to look for more and more," says Nicolas Doze, editor of the LCI economy. "The war in Iran, in Ukraine, the European lack of refining capacity can explain this. (Economy).
Diesel is coming to Europe from South Korea due to dwindling supply.
War and a shortage of refining push the West to desperate measures before winter. A giant oil tanker brings fuel from Asia, on a historic sea route, to plug Europe's energy gap.
The European diesel market is getting tighter ahead of the cold season, with traders searching thousands of miles away for fuel. A newly built tanker is set to carry about 90,000 tons of diesel from South Korea to Western Europe on a journey of more than 19,000 kilometers. According to data analyzed by Bloomberg, the ship Priamos will deliver the fuel to northwestern Europe, most likely to Britain or Rotterdam. The transaction is being arranged …
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