Putin's energy fix for drone-hit Russia: Dig up more coal
Briefly

Putin's energy fix for drone-hit Russia: Dig up more coal
"Strikes on 10 plants have disrupted at least 17% of Russia's refining capacity - equal to 1.1 million barrels per day, according to Reuters' calculations in late August. The impact is increasingly visible. Fuel has vanished from gas stations in cities including Vladivostok, with drivers waiting hours in line or relying on ration cards amid the summer travel season, according to local media."
"Putin said last Thursday at the Eastern Economic Forum in the city of Vladivostok in Russia, according to state media. He acknowledged Russia's energy system is under strain. "We know that in general the situation with energy is being resolved, but there are many issues that require special attention: For example, we are facing a gas shortage, we do not have connections between the various components of the energy infrastructure, and our grid economy requires development," Putin said."
Ukrainian drone strikes have damaged multiple oil refineries in Russia, disrupting roughly 17% of national refining capacity (about 1.1 million barrels per day). The strikes have produced visible fuel shortages across the Russian Far East, with gas stations running dry, long queues, and ration cards in affected cities. Wholesale gasoline prices have jumped as much as 50% this year despite global oil supply pressures. The disruption is harming state energy revenues and wartime finances, with major producers reporting sharp profit declines. President Putin is promoting coal as a compensatory energy source while acknowledging broader infrastructure and gas supply strains.
Read at Business Insider
Unable to calculate read time
[
|
]