Moscow Oil Refinery Unlikely to Resume Production Until 2027 – Reuters (opens original article in a new tab)
A major Moscow oil refinery is expected to remain offline for at least six months after being damaged by Ukrainian drone strikes, with production capacity significantly reduced and fuel prices rising in Russia.
- A major Moscow oil refinery operated by Gazprom Neft was damaged by Ukrainian drone strikes on June 16 and 18, with 53% and 47% of its capacity affected respectively.
- The refinery is expected to remain offline for at least six months due to the damage, according to industry sources.
- Russian gasoline prices have risen 6.6% this year, reaching 69.11 rubles per liter as of June 15, amid fuel rationing and export restrictions.
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