Russia

Moscow Oil Refinery Unlikely to Resume Production Until 2027 – Reuters

The Moscow Times · 2026-06-24

AI SUMMARY

• What happened: The Moscow Oil Refinery, operated by Gazprom Neft, is expected to remain offline for at least six months due to damage from Ukrainian drone strikes, which hit the facility on June 16 and June 18. • Why it matters: The refinery, which processed 11.6 million metric tons of oil in 2024, is crucial for Russia's gasoline and diesel production, and its prolonged shutdown could lead to fuel rationing and increased gasoline prices, which have already risen by 6.6% this year. • What to watch next: Monitor the Russian government's response to the fuel supply crisis, including potential export bans on diesel and gasoline, as well as the ongoing impact of drone strikes on other oil facilities in the region.

June 24, 2026 The Gazprom Neft-operated oil refinery near Moscow. Moscow Oil Refinery / Yandex A major oil refinery just south of Moscow is expected to remain offline for at least six months following repeated Ukrainian drone strikes this month, Reuters reported Wednesday, citing industry sources familiar with the matter. The Gazprom Neft-operated facility was first attacked on June 16, during which a distillation unit that accounts for 53% of the refinery’s capacity was reportedly damaged. A second attack on June 18 is believed to have damaged a more modern Euro+ unit that accounts for the other 47%. “It will take at least half a year to repair,” an industry source said of the damage to the Moscow refinery, which processed 11.6 million metric tons of ​oil in 2024, producing 2.9 million tons of gasoline ​and 3.2 ⁠million tons of diesel, according to Reuters. Russian officials have not publicly commented on the damage to the Gazprom Neft-operated facility. Ukraine began ramping up its attacks against Russian oil refineries and supply lines this spring. Drone strikes have halted or scaled back production at facilities that account for large shares of Russia’s gasoline output, leading to fuel rationing measures in some regions. The average price of gasoline in Russia has climbed 6.6% since the start of the year, with a single-week jump pushing national averages to 69.11 rubles per liter ($3.56 per gallon) as of June 15. Deputy Prime Minister Alexander Novak said Tuesday that the situation in the domestic fuel market was “challenging but under control,” noting that a total ban on diesel exports is now being weighed alongside existing restrictions on gasoline and jet fuel exports. Read more about: Oil , Gasoline , Moscow Sign up for our free weekly newsletter Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview Subscribers agree to the Privacy Policy We sent a confirmation to your email. Please confirm your subscription. A Message from The Moscow Times: Dear readers, We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent." These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia. We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help. Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact. By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us. Once Monthly Annual Continue Not ready to support today? Remind me later. × Remind me next month Remind me Thank you! Your reminder is set. We will send you one reminder email a month from now. For details on the personal data we collect and how it is used, please see our Privacy Policy. Read more Russian Railways Forms Task Force to Address Fuel Shortages The company highlighted growing concern over aviation fuel, noting that keeping Russian airports supplied has become a “zone of special attention”... 2 Min read Russia Bans Producers From Exporting Gasoline Until July 31 Officials said the move was aimed at stabilizing domestic fuel supplies amid rising global oil prices and ahead of the spring planting season. 2 Min read Russia Extends Gasoline Export Ban, Restricts Diesel Shipments The limits come after weeks of fuel shortages triggered by Ukrainian drone strikes on Russian oil refineries. 1 Min read News From Russia: What You Missed Over the Weekend Frozen pipes. Metro women. Oil slump.

Source: The Moscow Times
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