Fuel-shortage

The country currently has a daily gas demand of 3.8 billion cubic feet. Although around 2.65 billion cubic feet was supplied during normal times, the supply has now fallen to 2.43 billion cubic feet. Meanwhile, the country has electricity generation capacity of around 29,000 megawatts. Although average demand stands at 16,000 to 17,000 megawatts, only 14,000 to 15,000 megawatts is being generated due to fuel shortages and financial constraints. As a result, the gas and electricity crisis c...

Russia has begun importing petrol from India by sea to ease a fuel shortage caused by Ukrainian attacks on its energy infrastructure, two industry sources said on Wednesday. The attacks have disrupted fuel supplies across multiple regions spanning Russia’s 11 time zones, leading to fuel rationing, long lines at gas stations, and record-high gasoline prices. The Kremlin said Tuesday that Russia is in talks with several countries to secure fuel imports at acceptable prices. One source told...