Russia may soon face turbulence in its jet fuel market following months of disruption in gasoline supplies caused by Ukrainian drone strikes, an executive at the country’s largest private fuel supplier warned in comments to the RBC news website.
The government relaxed production requirements for oil products in an effort to stabilize the market after a wave of drone attacks on oil refineries caused fuel shortages and pushed wholesale gasoline prices up 40-50% since the start of the year. Refineries are now allowed to produce winter-grade diesel by mixing summer diesel with kerosene.
Maxim Dyachenko, managing partner and board member of the country’s largest private fuel supplier Proleum, told RBC that this measure could drive up jet fuel prices and create fresh risks…more
Source www.themoscowtimes.com
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