News about oil refining: events, facts and developments on tafs uz.
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Energy analyst Osama Rizvi considers high fuel prices a 'structural feature' of the market and calls for distributing oil refining capacity across the world. The European Commission views the loss of refining capacity as a vulnerability that Europe can no longer ignore.
Aziz KarimovThe European Commission has begun talks with refiners on increasing fuel output: about a quarter of EU refineries have closed over two decades, and the diesel market, according to the IEA, is expected to remain tight until 2027. Poland, the Czech Republic and Slovakia are demanding a long-term strategy to protect the industry.
Otabek YusupovEuropean Commissioner for Defence Andrius Kubilius warned that in the event of a military crisis, demand for diesel fuel and aviation kerosene would rise sharply. At the first round table at the European Commission on refining capacity, participants discussed how to preserve it amid decarbonization.
Aziz KarimovDeputy Prime Minister Alexander Novak stated that Russia could return to its previous volumes of diesel fuel exports by the end of 2026 if the planned schedule is maintained. The pace of supply recovery depends on the capabilities of domestic refineries, which are not yet able to ensure the previous volumes. Before restrictions were introduced, monthly exports amounted to about 3.5 million tonnes.
Javlon TursunovRussian Deputy Prime Minister Alexander Novak said that Russia is capable of fully restoring diesel fuel export volumes by the end of 2026 if it stays on schedule. Currently, exports are being restored within the capacity limits of refineries. On October 10, the government partially lifted the ban on diesel exports, allowing the supply of 500 thousand tonnes.
Sevara AzamovaOn the night of October 18, 2026, St. Petersburg came under the largest Ukrainian drone attack since 2022. The Petersburg Oil Terminal, the Ruchyi fuel depot and warehouses caught fire; a VK data center and an Ozon logistics center were damaged. Governor Beglov reported one dead and five injured, and Pulkovo temporarily restricted flights. The attack coincided with Zelensky's announcement of resumed strikes on Russian refineries and Moscow being accused of 76 violations of Trump's 'energy truce'.
Otabek Yusupov
