If Europe changes from Russian oil to elsewhere, does it also mean from pipeline to seaborne import?

Published 1. Mar 2022 12:08 AM

Germany plans to build two new LNG terminals within the near future, to break free from the reliance on Russian pipelines, will it be the same story for crude oil and oil products?

We recently learned that Germany plans to build two new LNG terminals within the near future, which in short terms means increasing seaborne imports over the reliance on Russian pipelines. Over time this will of course be beneficial for the LNG shiiping sector.

The question remains, whether this is the same story for crude oil and oil products?
The answer is yes and no, according to IEA, roughly 750 kb/d of a total 3.1 mb/d crude oil is delivered to Europe via the Druzhba pipeline system, which in theory is not that much, and in shipping terms around three MR tankers (one MR tanker equal to 250 – 350 kb). The most immediately at risk are the around 250 kb/d of Russian oil transiting Ukraine via the southern branch of the Druzhba pipeline to supply Hungary, Slovakia, and the Czech Republic.

It does look like there might be some short term gains from Europe looking elsewhere for their oil imports, and that is usually the case when there is a disruption on the supply chain, as shipping is the most flexible way of transporting large volumes of cargo.
In the long term it is quistionable and it seems that Europes main focus is doing a faster conversion into renwables, rather than looking for a new long term crude oil supplier.


This article is published by



Contact desk

Contact our team on email or call us directly for any enquiries related to the platform. 


The data and information provided by OCEAN EXL FZCO through the Intelligence platform are solely provided in good faith to clients and other relevant parties who may benefit from it. All data market through the intelligence platform is owned and maintained by OCEAN EXL FZCO with exception of data directly sourced from Freightos Baltic Index ( The data and information provided by OCEAN EXL FZCO are collected via industry experts such as shipbrokers, authorities, agents other organizations who are involved in shipping, energy, and finance. The intelligence platform is largely dependent on these industry experts’ observations and opinions and therefore the data and information are believed to be correct but are not guaranteed to be exact. All data displayed through the intelligence platform is directly owned by OCEAN EXL FZCO* with exceptions to Freight Rates for the container segment which is owned by Baltic Freight Index. All use of data within the intelligence platform without any valid license or agreement with OCEAN EXL FZCO is considered to breach our Data Policy and will not be tolerated. To license our data or to use our data for research and analysis purposes, please get in touch to hear more. This website is provided for information purposes only. Any analysis of or reference to various data, information, and analysis are opinions only. 

No information on this website constitutes financial advice or other advice or any recommendation to take actions hereupon. No representation, warranty, or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained in this website by OCEAN EXL FZCO or any of its members or employees, and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. 

The OceanEXL Intelligence platform including services and data products is owned and distributed by OCEAN EXL FZCO. OceanEXL Intelligence displays data and insight which have been acquired by third-party providers and market participants and to the best of our knowledge we believe the information and data are correct but not guaranteed to be accurate and herein came from reliable sources. No information or opinion herein constitutes a solicitation of purchase, sale, or chartering of any assets including vessels, commodities, and or financial securities.

To get support please contact us at or at +971 50 902 2068 +971 50 902 2038

Before signing up or using the platform, please make sure that you have read our Terms and Conditions, Disclaimer, Privacy Policy and Legal Information. For more information visit our contact page or company page.

Copyright 2021 OCEAN EXL FZCO All rights reserved.