Moscow has requested that Kazakhstan stand ready to provide up to 100,000 tons of gasoline to Russia in the event of shortages, according to a Reuters report which cited industry sources. The sources say a deal has already been reached for Russia to access Kazakhstan’s reserves.
The reported request comes as drone attacks have put around 14% of Russia’s primary oil refining capacity offline as of late March. This has forced Russian oil companies to start importing fuel, a reversal of the country’s typical position as a net exporter.
Confirmation of cracking towers in refineries being beyond easy repair.
— René Duba (@ReneDuba) April 8, 2024
Putin was buying gasoline in Belarus and now tries to obtain gasoline from Kazachstan.
So, the damage is substantial and not easily repaired.https://t.co/Qmj3HP6qZS https://t.co/Ee3ZIht6su pic.twitter.com/ItZSNo5CtL
Russia has already reached a similar agreement with neighboring Belarus to help shore up its gasoline supply. However, a spokesperson for Kazakhstan’s energy ministry stated they have not received such a request from their Russian counterpart.
The Kremlin has imposed a six-month export ban on gasoline, though this does not apply to countries in the Eurasian Economic Union, including Kazakhstan. Traders warn the ban could be expanded if the situation in Russia deteriorates further.
The disruptions come as Kazakhstan has also restricted its own fuel exports until the end of the year, apart from for humanitarian purposes. The country holds significant reserves of gasoline, diesel and jet fuel, which Russia may now look to access.
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