Russian Governors Rush to Deny Fuel Crisis as Rationing Spreads
Russian Governors Rush to Deny Fuel Crisis as Rationing Spreads A new solar-powered desalination technology… Russia's authorities and regional governors are racing to assure residents there are no fuel shortages amid an intensified Ukrainian drone campaign at Russian refineries and fuel supply roads.
Ukraine hasstepped up attacksthis month on key fuel supply routes in its territories occupied by Russia, including Crimea and Mariupol.
Several Russian regions have been experiencing fuel shortages as Ukraine hits Russian oil refineries.
Last week, the Moscow Timesreportedthat some gasoline stations in Moscow and regions in northern Russia have started to cap fuel purchases per driver, in a move to prevent panic buying.
Officials are playing down the fuel crisis.
Alexander Drozdenko, governor of the northwestern Leningrad region, said this week that "Supplies are being delivered according to plan, there are no shortages," as carried byBloomberg.
Some isolated complaints about fuel shortages "do not reflect the overall situation," the regional official said.
Governors all across Russia are looking to play down the extent of the crisis.
Meanwhile, earlier this month Russia admitted for the first time that its crude oil production is falling.
Russia's crude oil production has declined since the beginning of the year as a number of local refineries are under unscheduled repairs and maintenance, Russia's Deputy Prime Minister Alexander Novaksaid, in the first public acknowledgement from Moscow that its output is flailing.
"We have a number of refineries under unscheduled repairs.
However, we are maximizing the use of the export infrastructure,"saidNovak, who represents Russia at the OPEC+ meetings and at discussions about the alliance's output.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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