Kyrgyzstan, which imports more than 90% of its gasoline supply from Russia, is concerned that the Russian fuel crisis could cripple supply to the Central Asian nation.
Thus, the Energy Ministry of Kyrgyzstan has asked its neighbors, as well as Russia, to help with its fuel supplies.
Currently, fuel stocks in Kyrgyzstan remain sufficient, Kyrgyzstan’s authorities have assured the public, but the crisis in Russia could soon begin to be felt in the central Asian nation.
“To ensure sustainable fuel supplies, official requests have been sent to the relevant government authorities of the Russian Federation, the Republic of Kazakhstan, the Republic of Belarus, the Republic of Azerbaijan, the Republic of Uzbekistan and Turkmenistan,” the Energy Ministry of Kyrgyzstan said in a statement carried by Reuters.
Meanwhile, the fuel crisis in Russia, triggered by massive Ukrainian drone attacks on Russian refineries, is worsening by the day.
This weekend, in a rare public admission, Russian President Vladimir Putin acknowledged that that Russia faces fuel shortages and a fuel crisis that needs further government intervention to solve.
This admission came after weeks of regional authorities trying to downplay the extent of the crisis.
Apparently, this narrative couldn’t be contained for too long as Ukraine is stepping up attacks on Russian refineries and fuel supply routes, while demand for gasoline and diesel in Russia is rising with peak summer travel and the coming harvest.
The fuel shortages reached the capital city Moscow, too, after Ukrainian strikes last month hit and sent Moscow’s Kapotnya refinery offline. The refinery is unlikely to resume fuel production before 2027 after suffering extensive structural damage from multiple strikes by Ukraine’s long-range drones, industry sources told Reuters last week.
The fuel crisis has reportedly pushed Russia to begin importing fuel from India in a bid to ease the supply crunch.
By Michael Kern for Oilprice.com
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