Transit of Russian Tankers Via Bosphorus Back to Normal

Russian oil tankers did not divert from their normal route through the Bosphorus strait after the failed military coup in Turkey on Friday, according to Russian Energy Minister Alexander Novak on Monday.

Istanbul's Bosphorus Strait only closed down for a few hours on Friday during the attacks by rogue elements of the military who staged a coup against the government.

People took to the streets to protest against the coup and at least 208 people - both security officers and civilians - died in the ensuing violence while thousands were injured.

Maritime traffic was back to normal in the straits in Turkey on Saturday.

The Bosphorus Strait handles about 3 percent of global shipments, mainly from Black Sea ports and the Caspian region. Russia uses the straits to carry its oil tankers mostly to Europe.

The Turkish straits are the sixth biggest chokepoint in the world with 2.9 million barrels a day of crude transited through in 2013, according to EIA's World Oil Transit Chokepoints report published in November 2014.

"There is no need to change the course of Russian oil shipments through the straits," Novak told reporters in Moscow adding that no Russian company active in the oil industry asked for a change.

"We are following the developments," he said.

(Anadolu Agency)

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