Russian fuel shortage

Ukraine Strike Shuts Down Russia’s Largest Oil Refinery

Russia’s largest oil refinery in Omsk, owned by Gazprom Neft, has reportedly halted operations following a Ukrainian drone strike on Monday. The attack, which targeted the refinery approximately 3,000 km from Ukraine, damaged the CDU-10 crude distillation unit, accounting for a significant portion of its processing capacity, and forced the shutdown of a second primary processing unit due to supporting infrastructure damage. This halt in operations at Russia’s top gasoline producer is expected to exacerbate fuel shortages across the country.

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Russia Buys Gasoline from India as Strikes Cripple Output

Amidst a severe domestic fuel shortage exacerbated by Ukrainian drone strikes on oil refineries, Russia is preparing to initiate large-scale gasoline imports from India. To mitigate the impact on retail prices, Russia is proposing budget subsidies for companies importing gasoline, calculated based on Indian market prices and shipping costs. This move comes as drone attacks have crippled Russia’s refining capacity to a two-decade low, creating a significant daily deficit in gasoline production and leading to a wider fuel crisis impacting various sectors, including aviation.

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