Turkey's Tupras imports first Brazilian crude cargo
Turkey's largest oil refiner Tupras is set to receive a cargo of Itapu crude early next month, its first such purchase from Brazil, according to a source with knowledge of the matter, and ship tracking data.
Tupras last month said it had stopped buying Russian crude after the United States announced new sanctions on Russia's oil industry on January 10.
The cargo of Itapu crude, around 1 MMbbl, was loaded onto the Suezmax tanker Joao Candido on March 12, according to tracking data from Kpler and LSEG.
It is scheduled to arrive at Turkey's Izmit port, where Tupras operates a 225,800-bpd capacity oil refinery, on April 3–4, the data show.
Tupras did not immediately respond to a request for comment on the reason for the purchase.
Brazil's Petrobras confirmed that it sold the cargo.
Petrobras "continues to develop new markets to ensure the flow of the growing production of Brazilian oil to profitable destinations," the firm's statement said.
The Kpler shipping data that go back to 2013 show that neither of Tupras' two refineries, one at Izmit and another at Izmir, has previously received Brazilian crude.
Itapu is a medium-sweet crude with an API gravity of 29.3, and a sulfur content of 0.253%, according to data seen. Russia's Urals is medium-sour, meaning it has a similar density to Itapu at around 31.7 API, but is more sulfurous at 1.7%, according to data provided by S&P Global Commodity Insights.
Tupras had become one of the biggest importers of Russian crude since Moscow’s invasion of Ukraine in 2022, receiving around 305,000 bpd of the grade in 2024 according to Kpler.
Itapu is closer in quality to other medium-sweet grades that Tupras occasionally buys, such as Nigeria's Forcados, a Mediterranean crude trader said.
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