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Sanctions work! Russia has urgently requested gasoline from Kazakhstan

The Kremlin introduced a six-month ban on gasoline exports from March 1, but the ban could be extended if the situation in the country does not stabilize

Apr 8, 2024 19:19 134

Sanctions work! Russia has urgently requested gasoline from Kazakhstan - 1

Russia has requested 100,000 tons of gasoline from Kazakhstan in case of shortages exacerbated by Ukraine drone attacks and refinery outages, Reuters reported, citing its sources.

The deal for the reserves to be used by Russia has already been agreed, one of the sources said.

Belarus has already agreed to help with gasoline supplies.

As of late March, drone attacks have knocked out about 14% of Russia's primary oil refining capacity. Authorities say the situation in local fuel markets is currently stable.

Russia is normally a net fuel exporter and supplier to international markets, but refinery outages have forced its oil companies to import.

We remind you that Russia introduced a six-month ban on the export of gasoline from March 1. But the ban can be extended if the situation in the country is not stabilized.

Due to the large-scale floods in Orsk, the refinery there stopped production.

Kazakhstan also restricted fuel exports until the end of the year, except for humanitarian purposes.

Kazakhstan's reserves of Ai-92 gasoline were 307,700 tons as of April 5, and stocks of Ai-95 gasoline were 58,000 tons. Diesel stocks were 435,300 tons and jet fuel stocks totaled 101,000 tons.