Contents tagged with Russian Railways
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Russia faces looming fuel shortage as railway network falters amid war and sanctions
In Russia, the economic landscape is facing a formidable challenge: the country’s railway network is failing to manage the crucial transportation of oil and petroleum products, potentially leading to a gasoline shortage across the nation. The Russian newspaper Kommersant reports that Russian Railways (RZD) is struggling with the dispatch of fuel tanks, raising the threat of supply disruptions in the domestic market. Oil powerhouses "Rosneft" and "Gazprom Neft" have already sounded the alarm …
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Sanctions grind Russia's railways to a halt: freight speeds and volumes plummet to record lows
Russia's rail system finds itself in a crisis not seen since the Soviet Union’s collapse. The nation’s railways are struggling with a record-low average train speed of just 35 km/h, a key issue underscored by The Moscow Times. For a consecutive third year, there's been a marked decline in freight traffic, a situation largely attributed to the harsh economic sanctions imposed by Western countries in response to Russia's aggressive actions in Ukraine.
The railway sector has hit such a dire state …
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Syria invites Russia to build railway to Palmyra deposits
During a bilateral meeting of Syrian and Russian diplomats and officials which took place last week in Sochi as part of the Syrian-Russian Intergovernmental Commission, Syria approached Russian Railways (RZD) and other Russian companies with several projects to develop Syria’s transport infrastructure, as stated by Najib Faris, director of Syria’s railway department, RBC news agency reports.
“We offered the company RZD a project to reestablish the railway traffic line from Tartus, through Homs, …