能源卖不动,俄罗斯要憋出内伤了
Sou Hu Cai Jing·2025-12-21 13:17

Core Viewpoint - Russia's energy resources are abundant, but due to ongoing attacks from Ukraine and sanctions, the country faces significant challenges in selling its oil and gas, leading to a potential economic crisis [2][10]. Group 1: Impact of Ukrainian Attacks - Ukraine has destroyed key energy infrastructure, including the "Central Asia-Center" pipeline, which had an annual gas transport capacity of 12 billion cubic meters, halting gas deliveries indefinitely [4]. - Multiple attacks on Russian oil infrastructure, including refineries and oil terminals, have resulted in a 40% decrease in refining capacity during peak periods [4]. - Ukrainian strikes have targeted shadow fleets of oil tankers, further complicating Russia's ability to transport oil [6][8]. Group 2: Oil Supply and Pricing Issues - A record 178 million barrels of Russian oil are currently stranded on tankers, unable to find buyers due to sanctions and logistical challenges [10]. - To generate quick revenue for war efforts, Russia has resorted to selling oil at significant discounts, with Urals crude oil prices dropping to $34.52 per barrel, approximately half of the price at the beginning of the year [13]. - The discount on Russian oil has reached $23-25 per barrel, with prices now around $35 per barrel, which is detrimental to Russia's budget that relies on a price of $67 per barrel [13].