Russia has oil, so why is it importing petrol from India
Russian petrol stations are rationing fuel due to Ukrainian drone attacks on refineries. These strikes have disrupted domestic fuel supplies, causing shortages across the nation. Russia is now importing finished petrol from countries like India to meet demand. This unusual trade flow highlights the difference between crude production and refining capacity. The ongoing refinery damage strains…
Russia, a global leader in oil production, has resorted to importing petrol from India as its domestic refineries struggle under the weight of Ukrainian drone attacks and seasonal demand. Despite being the world's second-largest crude oil producer, Russia is now rationing petrol due to the disruption in fuel supplies caused by the attacks on its oil refineries.
The country's extensive refining industry, which processed around 5.4 million barrels of oil per day in 2024, is being hit hard by the attacks, with major refineries like NORSI, Perm, and Afipsky forced to halt operations. This has led to a shortage of petrol, with petrol stations in Russia reintroducing fuel sales limits at automated and other stations.
Russia's crude oil production remains robust, but the pressure on its refining system has created a critical shortage at petrol stations, even though the country continues to pump millions of barrels of oil daily.
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