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Russia's Fuel Crisis Deepens as More Than 150 Gas Stations Go Up for Sale Nationwide
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Russia's fuel crisis is intensifying, with more than 150 gas stations put up for sale across the country over the past month, according to the Russian media outlet Izvestia on June 17.
The listings include both standalone gas stations and facilities operated by major Russian oil companies. According to the report, asking prices range from 1 million ($13,000) to 150 million rubles (around $2 million), depending on the region, available equipment, and other factors.
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In some cases, owners are seeking to sell entire gas station networks rather than individual locations, the report said.
The wave of sales comes as independent fuel retailers face mounting financial pressure due to the sharp rise in fuel prices. Unlike vertically integrated oil companies, independent operators must purchase gasoline and diesel either through commodity exchanges or intermediaries at elevated market prices, while major oil producers prioritize supplying fuel to their own retail networks.
Russia's fuel market entered a period of crisis in June following a series of large-scale Ukrainian long-range strikes targeting Russian oil refineries.
Since then, several Russian regions have reported disruptions in gasoline and diesel supplies. Long lines continue to form at gas stations, with drivers in some areas reportedly waiting as long as 10 hours to refuel.
As of the beginning of the year, Russia had approximately 27,700 gas stations in operation. Nearly 19,840 of them were independent stations not owned by major oil companies, making them particularly vulnerable to rising wholesale fuel costs and supply constraints.
As the shortages worsen, demand for unconventional solutions has also grown. According to Ukraine's Foreign Intelligence Service, fortune tellers, magicians, and practitioners of esoteric rituals have begun offering paid ceremonies that they claim can reduce fuel consumption or "attract" gasoline into vehicle tanks.
In a statement issued on July 16, the agency said motorists across several Russian regions are waiting in line around the clock to purchase as little as 10 to 20 liters of gasoline.
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