More Than 10 Million Tons of Petroleum Products Shipped via Russian Railways Digital Trading Platform
A digital service developed by Russian Railways and market regulators is becoming a key tool linking fuel suppliers and buyers.
More than 10 million tons of petroleum products have been shipped through the Operator tovarnykh postavok (Commodity Supply Operator platform) digital service of Russian Railways (RZhD) via exchange transactions. The platform is a joint project of Tsifrovaya logistika (Digital Logistics, a subsidiary of RZhD), the Peterburgskaya birzha (St. Petersburg Exchange), and the Federalnaya antimonopolnaya sluzhba (Federal Antimonopoly Service of Russia). The service allows exchange traders to arrange rail transportation of goods entirely in electronic form after a deal is concluded. Customers can track all shipment data through a personal account interface. The information was reported by the publication RZhD-Partner.
Growing Demand
Over several years of operation, the platform has become one of the main tools connecting suppliers and buyers of petroleum products in the Russian market.
Expanding Toward the Petrochemical Market
Last year, exchange transactions using the RZhD service accounted for 32.7 percent of all rail-based deliveries executed through exchange trades. The number of trading participants registered on the platform increased 1.6 times to 1,084.
Of these, 1,055 were buyers and 29 were sellers. The service’s functionality is expected to expand in the coming years. In 2026, the RZhD platform mechanism is planned to be extended to the petrochemical products market, as well as to export shipments of timber and other goods traded on the St. Petersburg Exchange.
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