16:49 - 19.02.2026

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February 19, Fineko/abc.az. Libya, previously one of the largest buyers of Russian gasoline and diesel in Africa, lowered imports from Russia more than 10-fold - from 56,000 to 5,000 b/d.

ABC.AZ informs that the tenders for fuel supplies were won by Western traders Vitol, Trafigura and TotalEnergies.

Despite producing nearly 1.4 million b/d of oil, the country depends on imports of petroleum products due to lack of refining capacity. The transition to open tenders and supplies from refineries, including enterprises in Italy, allowed Western companies to displace Russian exporters and strengthen their positions not only in fuel supplies, but also in oil production.

For Russia, this means the loss of an important market and complicates the strategy of reorienting exports, increasing the need for price competition in other areas.