Georgia's Kulevi refinery begins transition away from Russian oil
The refinery is shifting crude sourcing away from Russian oil, changing regional crude flows and supplier demand.
Source →The trace
How it reaches your house.
Starting from Tengizchevroil (TCO), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Tengizchevroil (TCO) →Stands to benefitGeorgian port of Batumi
Tengizchevroil has resumed exports through Batumi, so the Georgian route benefits from higher Kazakh crude throughput as regional suppliers shift away from Russian oil.
“"Tengizchevroil has resumed oil exports via the Georgian port of Batumi for the first time since March, shipping approximately 20,000 metric tons of oil since the start of July."”
73% confidenceCited →Rosneft →Prices easeKulevi’s switch away from Russian crude reduces demand for Rosneft-linked crude feedstock, but the effect is modest because this edge is only a 4% market-share exposure and is not sole-sourced.
62% confidenceHop 2
Crude Oil Feedstock →Prices easeKulevi's move away from Russian crude directly reduces demand for Rosneft-linked feedstock, pressuring its crude realization price.
80% confidenceCrude Oil Feedstock →Stands to benefitSome of the displaced crude demand can shift toward U.S.-sourced barrels, and the U.S. already has the largest share of this feedstock market.
76% confidenceCrude Oil Feedstock →Stands to benefitCanada is a major non-Russian crude source on the graph and can absorb part of the refinery's replacement demand.
Where it lands
What you buy, and what you own.
Goods you buy
No consumer goods on this path.
Companies you may own
Rosneft
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