Russia imports Indian petrol as refinery attacks bite
Translated from Ukrainian, summarized and contextualized by DistantNews.
At a glance
- Russia is importing at least 67,000 tonnes of petrol from India to compensate for a shortfall caused by Ukrainian strikes on its refineries.
- Ukrainian attacks have reduced Russia's oil refining volumes to their lowest level in over 21 years, impacting domestic supply.
- The Russian authorities are relying on imports, reserves, and refinery repairs to stabilize the market.
Russia is turning to India for petrol supplies, importing at least 67,000 tonnes of fuel to address a significant shortage. This move comes as Ukrainian drone strikes on Russian oil refineries have crippled the nation's refining capacity, pushing oil refining volumes to their lowest point in more than two decades.
At the start of July, Russian refineries were only meeting about 65% of the seasonal petrol demand. The wave of Ukrainian attacks exacerbated the situation, leading to fuel queues, sales limits at petrol stations, and even days where fuel was unavailable to ordinary motorists in occupied Crimea.
The Russian authorities are now looking to a combination of imports, the use of strategic reserves, and the completion of refinery repairs to stabilize the domestic fuel market. The article suggests further details on the supplier, cost, and the actual impact of these tanker shipments will be revealed.
Originally published by Ukrainska Pravda in Ukrainian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.