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Russia begins importing gasoline from India (Photo: REUTERS/Evgenia Novozhenina)
Russia has begun importing gasoline by sea from India to ease fuel shortages caused by Ukrainian strikes on its energy infrastructure, Reuters reported, citing industry and trade sources on July 1.
An industry source told Reuters that at least 60,000 metric tons of gasoline had been shipped from India to Russia. Another source said two tankers, each carrying 30,000 to 40,000 metric tons of gasoline, had been dispatched.
A third source said Russia plans to import a total of 400,000 metric tons of gasoline per month from several countries, including neighboring Belarus, which is already exporting fuel to Russia.
Russia's gasoline consumption reaches at least 110,000 metric tons per day during the summer, when fuel demand is at its peak.
According to Reuters calculations and industry sources, Belarus nearly tripled its rail shipments of gasoline to Russia to more than 70,000 metric tons in the first half of June, compared with the first half of May.
Last week, Russia's parliament approved amendments to the tax code aimed at addressing fuel shortages caused by Ukrainian drone strikes. Lawmakers also proposed subsidies for fuel imports linked to the cost of purchasing and transporting gasoline from India, Reuters reported.
India's imports of Russian crude oil climbed to a record high in June, as refiners increased purchases to offset disruptions caused by the closure of the Strait of Hormuz and supply constraints from other sources.
India, the world's third-largest oil importer, imported about 2.7 million barrels of Russian crude per day in June.
According to data from Kpler, Russian oil accounted for more than half of India's total crude imports in June, up from 36.5% in May.
As previously reported, Russia's fuel crisis continues to deepen following Ukrainian drone strikes on the country's oil infrastructure.
Russia is also in talks with Kazakhstan to import about 50,000 metric tons of AI-92 gasoline to ease domestic shortages caused by refinery outages and unscheduled maintenance.
In addition, Russia is preparing to begin large-scale gasoline imports from India.
On April 2, the Russian government reimposed a ban on gasoline exports by producers through the end of July.
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