Rising Ukrainian Diesel Imports Avert Risk of April Shortage, Consultancy Says
Published by Global Banking & Finance Review®
Posted on March 30, 2026
2 min readLast updated: March 30, 2026
Add as preferred source on GooglePublished by Global Banking & Finance Review®
Posted on March 30, 2026
2 min readLast updated: March 30, 2026
Add as preferred source on GoogleUkraine’s sharply increased diesel imports in late March—averaging 21,400 t/day vs 19,400 t/day the prior week—are projected to total ~565,000 t in March, surpassing expectations and alleviating risk of April shortages.
KYIV, March 30 (Reuters) - Ukraine has stepped up diesel fuel imports and analysts do not expect the country to face a fuel shortage next month.
After Russian missile strikes virtually destroyed Ukraine's domestic refining capacity, it became almost entirely dependent on imported fuel, sourcing supplies from western, central and southern Europe.
The Kyiv-based Enkorr fuel consultancy said in a report on Monday that over the four days of the week from March 23 to March 26, average daily diesel deliveries reached 21,400 metric tons, up from 19,400 tons over the same period a week earlier.
"If the current pace continues, March imports could total 565,000 tons, exceeding earlier expectations of 522,000 tons and standing 9% higher than in the same period last year," the consultancy said.
There is no clear risk of a shortage, it added, citing traders.
The Ukrainian energy ministry told Reuters last week that the diesel market was fully supplied for March and that about 70% of April's required supply had been secured.
Enkorr said this month that traders had pegged the increase in wholesale diesel prices because of the war in the Middle East at nearly 50% in less than a month.
(Reporting by Pavel PolityukEditing by David Goodman)
Ukraine increased diesel imports after Russian missile strikes destroyed its domestic refining capacity, making it reliant on foreign supplies.
Analysts and the Ukrainian energy ministry do not expect a fuel shortage in April, as import levels are sufficient to meet demand.
Ukraine could import up to 565,000 tons of diesel in March, exceeding previous expectations and last year's figures.
Ukraine sources diesel from western, central, and southern Europe.
Traders report that wholesale diesel prices have increased nearly 50% in less than a month due to the war in the Middle East.
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