Russia Receives First Gasoline Cargo From India as Fuel Shortages Spread
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11 Articles
Russia receives Indian gasoline cargo as fuel shortages bite
At least one 68,000-tonne cargo of gasoline from India has entered Russias domestic market as Moscow responds to fuel shortages caused by Ukrainian drone attacks on refineries. The shipment, loaded at Indias Vadinar port, was discharged at Russias Vitino port and is being transported by rail to domestic buyers.
Russia Receives First Gasoline Cargo From India as Fuel Shortages Spread
Russia has received its first gasoline cargo from India as Ukrainian attacks knock out refining capacity and a second wave of fuel shortages spreads across at least 10 Russian regions, Reuters reported on Monday. The roughly 68,000-metric-ton cargo was produced by Nayara Energy at its Vadinar refinery in western India and delivered to Russia’s Arctic port of Vitino after a ship-to-ship transfer at Port Said, Egypt. Two more gasoline cargoes from…
Russia has taken an unusual step in recent weeks. Due to a shortage of gasoline on its domestic market, it has started importing fuel from India and Morocco. But the first shipments have not helped ease the tense situation. Thousands of tons of gasoline remain on tankers in the Arctic port of Murmansk because importers and state regulators cannot agree on a price.
In Russia, imported gasoline is stuck in the Murmansk port due to price disputes - mediaImported fuel from India and Morocco has not entered the Russian market due to price differences. Oil companies are demanding a higher price than the domestic exchange price.
In Russia, the shortage of petrol has increased, and imported fuel is almost twice as expensive as Russian, which has led to large shipments stuck in ports.
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