Ukrainian drone strikes have disabled up to 40% of Russia's oil refining capacity - Financial Times

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According to analysts' estimates, in June Russia processed 4.1 million barrels of oil per day, which is 28% less than the average. Moscow has banned the export of diesel fuel, but most cars in Russia run on gasoline.

Ukrainian drone strikes could have disabled between 20% and 40% of Russia's oil refining capacity. This is reported in a Financial Times article, according to UNN.

Details

It is noted that, according to analysts' estimates, in June Russia processed an average of 4.1 million barrels of oil per day, which is 28% less than the average of the last five years and 35% below nominal capacity.

The authorities allowed oil refineries to produce lower-grade fuel for the domestic market, and the Kremlin on Wednesday promised to increase imports of refined oil products. In June, a record 141,000 tons of gasoline were imported from Belarus - a modest volume compared to consumption levels in Russia - but this is 141 times more than a year earlier

- the article states.

The authors point out that Moscow has banned the export of diesel fuel, its main refined product.

"While this measure will strengthen fuel supplies to the front line - most military equipment runs on diesel fuel - it will support only a small percentage of the country's motorists, since the vast majority of cars in Russia run on gasoline," the publication concludes.

Recall

Russian dictator Vladimir Putin stated that the fuel crisis is temporary and that Russia's energy system has a high margin of safety.

Russian authorities are hiding the fuel crisis while drivers stand in kilometer-long queues - CPD02.07.26, 13:29

Vadim Khlyudzinsky Economy
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