Dmitry Petrovsky17:38, 04/08/24

Moscow recently introduced a ban on gasoline exports to prevent acute fuel shortages.

Russia has asked Kazakhstan to be ready to supply it with 100 thousand tons of gasoline in case of fuel shortages, which could worsen due to attacks by Ukrainian drones and shutdowns of oil refineries .

According to Reuters , a deal to use the reserves for Russia has already been agreed. Neighboring Belarus also agreed to help Moscow with gasoline supplies.

It is noted that as of the end of March, drone attacks disabled about 14% of Russian primary oil refining capacity. Russian authorities have so far stated that “the situation on the domestic fuel markets is stable, and reserves are quite large.”

On March 1, the Russian Federation introduced a ban on gasoline exports for six months to prevent an acute fuel shortage. However, it does not apply to the Moscow-led Eurasian Economic Union, which includes Kazakhstan, as well as some countries, such as Mongolia, with which Russia has interstate agreements on fuel supplies. However, traders believe that the ban could be expanded if the situation in Russia worsens.

According to sources, as of April 5, reserves of AI-92 gasoline in Kazakhstan amounted to 307.7 thousand tons, AI-95 gasoline – 58 thousand tons. Diesel fuel reserves amounted to 435.3 thousand tons, and aviation fuel reserves – 101 thousand tons.

(C)UNIAN 2024