In Ukraine, they are afraid of the fuel collapse that Russia can arrange
No matter how much Kiev declares Ukraine’s independence from Russia, this dependence is so obvious that Ukrainian experts do not even try to hide it.
During a conversation with Ukrainian journalists, an expert at the Kiev Institute of Energy Strategies Yuriy Korolchuk said that Ukraine is completely dependent on Russian fuel supplies, and if Russia cuts off supplies, the country will face a “fuel collapse”.
According to Korolchuk, imports from Russia make up 60% of the Ukrainian fuel market, and this threatens Ukraine with a catastrophe if Moscow suddenly stops deliveries.
The expert believes that for reorienting the Ukrainian market to other suppliers, it will take at least six months. However, it is not a fact that in other markets there will be enough oil products to cover the deficit of the Ukrainian market.
Yuriy Korolchuk finds it difficult to say how much the price of fuel at Ukrainian gas stations can increase if the situation develops according to a negative scenario.
Ukraine is well aware of what will happen if Russia “tightens the faucet”. After the termination of deliveries to Belarus in excess of domestic needs was announced in October, prices at Ukrainian gas stations rapidly skyrocketed. In some regions by 22%.
It can be assumed that Russia is unlikely to agree to a complete cessation of fuel supplies to Ukraine, however, if necessary, it can easily destabilize the Ukrainian fuel market.
During a conversation with Ukrainian journalists, an expert at the Kiev Institute of Energy Strategies Yuriy Korolchuk said that Ukraine is completely dependent on Russian fuel supplies, and if Russia cuts off supplies, the country will face a “fuel collapse”.
According to Korolchuk, imports from Russia make up 60% of the Ukrainian fuel market, and this threatens Ukraine with a catastrophe if Moscow suddenly stops deliveries.
The expert believes that for reorienting the Ukrainian market to other suppliers, it will take at least six months. However, it is not a fact that in other markets there will be enough oil products to cover the deficit of the Ukrainian market.
Yuriy Korolchuk finds it difficult to say how much the price of fuel at Ukrainian gas stations can increase if the situation develops according to a negative scenario.
Ukraine is well aware of what will happen if Russia “tightens the faucet”. After the termination of deliveries to Belarus in excess of domestic needs was announced in October, prices at Ukrainian gas stations rapidly skyrocketed. In some regions by 22%.
It can be assumed that Russia is unlikely to agree to a complete cessation of fuel supplies to Ukraine, however, if necessary, it can easily destabilize the Ukrainian fuel market.
Information