London Mail
  • Home
  • World
  • News
  • Opinion
  • Business
  • Tech
  • Science
  • Sports
  • Lifestyle
  • Health
  • Motering/Cars
  • More
    • Entertainment
    • Travel
    • Crypto
    • Food
    • Home Improvment
      • Real Estate
    • Press Release
No Result
View All Result
  • Home
  • World
  • News
  • Opinion
  • Business
  • Tech
  • Science
  • Sports
  • Lifestyle
  • Health
  • Motering/Cars
  • More
    • Entertainment
    • Travel
    • Crypto
    • Food
    • Home Improvment
      • Real Estate
    • Press Release
No Result
View All Result
London Mail
No Result
View All Result
Home Business

Putin seeks emergency petrol as Russia runs on fumes

by London Mail
April 9, 2024
in Business
Reading Time: 2 mins read
0
SHARES
Share on FacebookShare on Twitter

Russia has reportedly asked Kazakhstan to supply it with petrol as Ukrainian attacks on its refineries force it to import gasoline.

Kazakhstan has been asked to set up a reserve of 100,000 tonnes of gasoline, equivalent to 845,000 barrels, to supply Russia should shortages arise, Reuters reported.

It is unclear if a deal has been reached. The Kremlin has also been seeking supplies from Belarus.

Russia is normally an exporter of gasoline but Ukrainian drone attacks have significantly hit its refining capabilities, forcing it to rely on imports to meet demand.

Drone attacks have hit Russian refineries at least 12 times, including five in March alone, and can range hundreds of miles inside Russian territory. 

Ukraine has turned to attacks on Russian infrastructure as a way of hitting its wartime economy as neither side makes territorial gains on the ground.

More than 10pc of Russia’s refining capacity has been taken offline by the strikes, according to the Ministry of Defence.

A major Russian refinery on the border of Kazakhstan was also forced to shut down over the weekend due to heavy flooding.

Last month Russia banned gasoline exports for six months, which it said would allow prices to remain stable and give it time to repair refinery facilities. It had previously introduced a ban between September and November. In both cases, neighbouring ex-Soviet states are exempt from the ban.

Last year it exported 5.8m tonnes of gasoline, roughly 13pc of its total production. Certain parts of the country have suffered shortages, while gasoline prices hace risen.

The Russian government has said the attacks are not having a significant impact on the Russian economy because it is simply exporting more oil that it is unable to refine into petrol.

Kazakhstan has implemented its own ban on petrol exports for almost two years, saying it is seeking to balance supply and demand.

Read the latest updates below.

Source link

Related Posts

The Government needs to Wise up over stock market decline – and soon
Business

The Government needs to Wise up over stock market decline – and soon

July 30, 2025
Minister insists fuel supplies not under threat despite oil refinery closure
Business

Minister insists fuel supplies not under threat despite oil refinery closure

July 24, 2025
UK’s ninth richest man John Fredriksen moves business out of London
Business

UK’s ninth richest man John Fredriksen moves business out of London

July 21, 2025
Next Post
Leeds 0-0 Sunderland: Daniel Farke’s Whites miss out on chance to claim top spot in the Championship as they drop two points in goalless stalemate with Black Cats

Leeds 0-0 Sunderland: Daniel Farke's Whites miss out on chance to claim top spot in the Championship as they drop two points in goalless stalemate with Black Cats

Trigg Beach, Perth: Police shoot dead aggressive staffy after it attacked two little dogs at Perth beach

Trigg Beach, Perth: Police shoot dead aggressive staffy after it attacked two little dogs at Perth beach

What small businesses really need to know about the ‘side hustle’ tax

Recommended

Exact amount Brits draw the line at with splitting the bill on meals out

Exact amount Brits draw the line at with splitting the bill on meals out

1 month ago
Labour could cut taxes by £16bn, say economists

Labour could cut taxes by £16bn, say economists

1 year ago
Charles Barkley makes stunning public intervention into Bill Belichick’s relationship with Jordon Hudson

Charles Barkley makes stunning public intervention into Bill Belichick’s relationship with Jordon Hudson

3 months ago
NASA’s alien-hunting telescope could find an inhabited planet by 2050, scientist claims

NASA’s alien-hunting telescope could find an inhabited planet by 2050, scientist claims

1 year ago

Categories

  • Business
  • Crypto
  • Entertainment
  • Food
  • Health
  • Home Improvment
  • Lifestyle
  • Motering/Cars
  • News
  • Opinion
  • Press Release
  • Real Estate
  • Science
  • Sports
  • Tech
  • Travel
  • World
No Result
View All Result

Highlights

The Government needs to Wise up over stock market decline – and soon

25-minute chicken fajitas recipe is perfect for an easy and vibrant midweek dinner

Archaeologists amazed to discover an ancient ‘door to the afterlife’ in the tomb of an Egyptian prince

Philips sonicare 9900 prestige review, tried and tested

Robert Downey Jr sends Marvel fans wild with Avengers Secret Wars post | Films | Entertainment

Brits rebel against Online Safety Act as petition reaches 380,000 signatures – and age checks spark concerns around privacy and free speech

London Mail

London Mail | Stay Informed, Stay Inspired ©2025, All rights Reserved

Navigate Site

  • Home
  • About
  • Advertise
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Tech
  • News
  • Business
  • Science
  • Health
  • Sports
  • Lifestyle
  • Travel
  • Opinion

London Mail | Stay Informed, Stay Inspired ©2025, All rights Reserved