In late March, drone attacks knocked out about 14% of Russia’s primary oil refining capacity.
Russia has asked Kazakhstan to create a reserve of 100,000 metric tons of fuel ready to hand over to Russia in case of shortages exacerbated by Ukrainian drone attacks and service outages. This was reported by Reuters citing sources.
It was noted that an agreement on the use of reserves for Russia has already been agreed.
Belarus also agreed to help Russia with fuel supplies.
As reported, NATO estimates that Ukrainian attacks on Russian oil refineries may have disabled more than 15% of Russia’s oil refining capacity.
Right now, authorities say the situation in domestic fuel markets is stable, and reserves are relatively large.
Russia is normally a net exporter of fuel and a supplier to international markets, but refinery losses are forcing oil companies to import. Moscow banned fuel exports for six months from March 1 to prevent severe fuel shortages, although the ban does not apply to the Moscow-led Eurasian Economic Union, including Kazakhstan, or some countries, such as Mongolia, where it has an intergovernmental supply. fuel agreements.
Traders say the ban could be extended if the situation in Russia worsens.
We remind you that since the beginning of the year, 13 Russian refineries have been attacked. The drone attack led to the year’s biggest weekly increase in global oil prices.
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.