- Why did this time come to Russia?
- Asking India for petrol!
- What exactly is the reason?
India Petrol Export To Russia : The tense situation in the West-East country and the resulting increased tension have affected the entire world. Russia is one of the world's largest crude oil exporters. But persistent drone strikes by Ukraine have severely disrupted its domestic fuel supplies. Russia has to depend on other countries to meet its needs. The king of petrol is forced to import from other countries. Meanwhile, India has become one of Russia's major suppliers of petrol. What exactly is the situation” (Export to Russia)
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According to reports, Indian refineries have supplied approximately one million barrels of petrol to Russia in the last two months. The fuel is believed to have been produced from crude oil imported from Russia.
Russia's need for petrol increases due to Ukraine attacks
In fact, Ukraine has repeatedly carried out drone attacks targeting several Russian oil depots, terminals and refineries. In all these circumstances, the attacks have greatly affected Russia's domestic fuel production capacity and caused huge losses. This has also affected the countries that import from them. There has been a severe shortage of petrol on a large scale. Russia has to import petrol to balance domestic supply and demand. Therefore, Russia has to depend on other countries only for the territory that it owns.
India became a major supplier to Russia
Looking at this situation standing on Russia. It is natural for India to stand up for him as an ally. According to energy analyst Vortexa, Russia's marine gasoline imports hit a record high in August, at around 125,000 barrels per day. According to trade sources, Indian refineries shipped approximately one million barrels of petrol to Russia between July and August. This supply is mainly from the Vadinar refinery in Gujarat. But the refinery is run by Naira Energy which has a partnership with Russian company Rosneft.
But why did Russia turn to India for help?
Russia has large reserves of crude oil, but attacks on its refining capacity have exacerbated these problems. Repairing damaged refineries is time-consuming, as many require special equipment. The constant threat of attacks is making it difficult for some refineries to operate at full capacity. As a result of all these things, Russia needed to find an alternative. Therefore, Russia is forced to import petrol from India to meet its domestic fuel needs.
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