Updated
Updated · Reuters · Jun 17
Russia to Import Gasoline by Sea in June as Drone Attacks Trigger Shortages in 12 Regions
Updated
Updated · Reuters · Jun 17

Russia to Import Gasoline by Sea in June as Drone Attacks Trigger Shortages in 12 Regions

3 articles · Updated · Reuters · Jun 17

Summary

  • Russia is set to receive a gasoline cargo through a western port in June, with one source saying the shipment will come from Asia in a rare import move for a major fuel exporter.
  • Months of Ukrainian drone strikes on refineries, pipelines and storage sites have tightened supply, with recent attacks on the TANECO and Moscow refineries suspending processing at both plants.
  • Around a dozen Russian regions have reported fuel shortages, while Russian-held Crimea and two Siberian regions have officially confirmed them.
  • Moscow has already banned gasoline exports by producers until the end of July and tapped Belarus for supplies, but sources said neighboring countries lack spare capacity and seaborne imports will likely be limited by cost and logistics.
  • The shift underscores the strain on Russia's fuel system: the country exported nearly 5 million metric tons of gasoline last year, about 117,000 barrels a day.

Insights

How did Ukrainian drones force one of the world's top oil exporters to start importing its own gasoline?
With its refineries burning, is Russia's status as an energy superpower going up in smoke?