Evgeniy Dolgikh

Russian bunker market

May 23-24 2019

• Market Overview• Tanker Fleet• Problem and Solutions 2020:

o Low Sulphur Fuel Oilo Scrubbero LNG:

- Fleet- Infrastructure- Fuel Production

Outlook

Bunker Market Overview

Global market volume is close to 300 million tons per yearRussian market share is approx. 3%

40%

35%

20%

Market Overview

River Azov-Black NW FE

Fuel distributionin NW region:

2010 2020

TOTAL

Tanker Fleet

20%

82

42

96

Sea tanker fleet distribution

Sea River

Units 220 170 tankers70 np stations

Age, avg. 32 45

Problem 2020 in a nutshell

SECA (Sulfur Emission Control Areas)

Other regions

Problem 2020. IMO critics

Esben PoulssonChairman of ICS

Aleksey KlyavinPresident of RCS

Solutions 2020. Low Sulphur FOPress Releases:

Solutions 2020. Scrubber

Installed to April 2018 217

Planned in 2018-2020 110

Planned date TBA 121

TOTAL: 448

Data source:

Oil

tank

ers

Gas

tan

kers

Con

tain

er v

esse

ls

Bul

k ca

rrie

rs

Cru

ise

liner

s

Ro-R

o/Ro

Pax

&

Ferr

ies

MPP

ves

sels

Vehi

cle

carr

iers

Oth

ers

Refr

iger

ated

/F

ishi

ng

Installed Planned in 2018-2020 Planned, date TBA

Solutions 2020. Scrubber

Actual and planned scrubber installation as a share of the global fleet:

Oil tankers Bulk carriers Container vessels

LPG tankers

Data source:

Solutions 2020. LNG Fleet

Gagarin ProspectLomonosov prospectMendeleev prospectKorolev prospectVernadsky prospect

Samuel Prospect(under construction)

and 2 more ordered

Solutions 2020. LNG Infrastructure

Solutions 2020. LNG Production

Production Facility under construction

Planned in a Long-term

Solutions 2020. LNG Production

March 31 2019: First batch of LNG shipped from Vysotsk plant to Finland by Coral Energice tanker

Solutions 2020. Ignore?

Denmark: drone will check emissions from ships

THANKYOU!