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Russia looks for fuel from Kazakhstan in case of scarcities, sources say

Russia has asked Kazakhstan to stand ready to supply it with 100,000 tons of gasoline in case of scarcities exacerbated by Ukrainian drone attacks and failures, 3 industry sources told .

One of the sources said an offer on using reserves for Russia has currently been agreed.

Shyngys Ilyasov, a consultant to Kazakhstan's energy minister, stated the energy ministry has not gotten such a demand from its Russian equivalent.

Russian energy ministry did not respond to an ask for comment.

Neighbouring Belarus has actually already accepted assist Russia with gas supply.

Drone attacks had knocked out some 14% of Russian primary oil refining capacity as of end-March. Up until now authorities have said the circumstance on domestic fuel markets is stable and stockpiles large enough.

Russia is normally a net exporter of fuel and a supplier to worldwide markets however the refinery disruptions have required its oil business to import.

The sources stated Moscow asked Kazakhstan to establish an emergency situation reserve of 100,000 metric tons of fuel ready to supply to Russia.

Moscow enforced a gasoline export ban for 6 months from March 1 to prevent severe fuel lacks, although it does not apply to the Moscow-led Eurasian financial union, consisting of Kazakhstan, as well as some countries, such as Mongolia, with which it has inter-government offers on fuel materials.

However, traders stated the ban could be expanded if the situation in Russia worsens.

Recently, the Orsk oil refinery in the Urals stopped production due to prevalent floods, which also impacted Kazakhstan.

Kazakhstan, the world's biggest land-locked nation, has likewise limited fuel exports till the end of the year, apart from for humanitarian functions.

According to the sources, Kazakhstan's reserves of Ai-92 gas stood at 307,700 tons since April 5 and Ai-95 gasoline stockpiles at 58,000 loads. Diesel reserves were 435,300 tons and jet fuel inventories totalled 101,000 lots.

(source: Reuters)