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Russia Extends Fuel Export Curbs as Crimea Runs Short After Strikes on Refineries

The government cites a domestic fuel deficit as it prioritizes supplies to the home market.

Overview

  • Crimea’s Russia-installed leader Sergej Aksjonow acknowledged petrol shortages and said AI-95 supplies should resume within days and AI-92 within two weeks.
  • Deputy Prime Minister Alexander Novak said gasoline exports are halted through year-end and diesel exports by non-producers will also be restricted through year-end.
  • Traders and local outlets report private gas stations in multiple regions, including the Far East and the peninsula, have run out of AI-92 and AI-95 or temporarily closed.
  • Industry reporting indicates about 16 refineries and export sites have been hit since August, with refining output down by roughly one fifth on some days.
  • Rising fuel prices and constrained exports are adding fiscal pressure, and the government plans to raise VAT to 22 percent to help finance war spending.