this post was submitted on 22 Aug 2023
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Україна Ukraine

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Putin claims Russia outpaces Germany and is now one of world's five largest economies (www.pravda.com.ua)
submitted 2 years ago* (last edited 2 years ago) by [email protected] to c/[email protected]
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Russia has "entered the top five largest economies in the world" and "outpaced Germany in purchasing power parity", despite pessimistic forecasts.

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[–] [email protected] 2 points 2 years ago (1 children)

Russia does have refinement capacity which, at least in the broadest terms, should be sufficient to cover its own usage. That assumes that they're exporting very little refined oil though, and also doesn't cover how much of that refining and consumption is specifically fuel for vehicles.

[–] [email protected] 1 points 2 years ago (1 children)

Does that account for oil infrastructure damaged by Ukrainian strikes? I know at least one refinery was hit, and pipelines have been sabotaged.

[–] [email protected] 1 points 2 years ago

It doesn't, no. I've got no special expertise on the matter and wouldn't know what to look for to account for it