The Russian oil refining industry is facing serious challenges that could lead to gasoline shortages in the country during the summer months. He warned about this in his column in the magazine Forbes Sergei Kondratyev, Deputy Head of the Economics Department of the Institute of Energy and Finance (IEF).
According to him, sanctions complicate repairs at oil refineries due to shortages of foreign equipment and components. In addition, the increasing frequency of drone attacks causes the damage to businesses to increase.
“The total capacity of Russian refineries is 340 million tons of oil per year. However, due to repair and modernization problems, the country faces a shortage of gasoline in the domestic market in the summer months,” writes Kondratyev.
Russia processed 275 million tons of oil last year. 86-90 percent of gasoline, 80-85 percent of jet fuel and 50-60 percent of diesel produced were supplied to the domestic market. The expert states that domestic factories are mainly dependent on imported equipment.
Before that, the situation in the Russian fuel market will discuss In the government.
Previously the Council of Ministers supplied New measures to stabilize the fuel market.