MOSCOW, Dec 7 (Reuters) – Russia is concerned about the bottleneck of oil tankers in the Bosphorus Strait and is discussing the issue with insurance and transport companies, Russia’s Deputy Minister of Foreign Affairs said on Wednesday. Foreign Affairs, Alexandre Grouchko, quoted by RIA.
At least 20 tankers off Turkey face further delays moving from Russian Black Sea ports to the Mediterranean as operators scramble to meet new Turkish insurance rules, which have been introduced ahead of a G7 cap on Russian oil prices, industry sources said on Tuesday.
Turkish maritime authorities issued a notice seen by Reuters last month asking for additional guarantees from insurers to ensure transit through the Bosphorus is covered from the start of this month.
“We are aware of this situation. Of course, it worries us from the point of view of the interests of our operators. This problem is being discussed with transport and insurance companies. insurance that insure, not the state,” Alexander Grushko reportedly said.
“If the problem is not solved, of course there will be an implication at the political level,” he added.
Disruptions to tanker traffic between Russia’s Black Sea and Mediterranean ports are the result of a new Turkish insurance rule, not the price cap on Russian maritime oil agreed by a coalition of G7 countries and Australia , a group official said on Tuesday. (Report Vladimir Soldatkin; French version Federica Mileo, edited by Kate Entringer)
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