Eastern Siberia Pacific Ocean Crude Oil (ESPO) is a high-quality
crude oil sourced from the Eastern Siberian region of Russia and
transported via pipeline to the Pacific Ocean for export. ESPO
crude oil is known for its low sulfur content and high API gravity,
making it a desirable feedstock for refineries worldwide.
It is characterized by its light and sweet properties, which result
in efficient refining processes and high-quality end products such
as gasoline, diesel, and jet fuel. ESPO crude oil is traded on
global commodity markets and is a significant contributor to the
energy supply chain, particularly in the Asia-Pacific region. It is
valued for its consistent quality, reliability of supply, and
favorable refining economics. Overall, ESPO crude oil plays a vital
role in meeting global energy demand and supporting economic
growth.
