2 months ago
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Russian Deputy Prime Minister Alexander Novak on Friday (March 27, 2026) instructed the Energy Ministry to draught a solution banning gasoline exports from April 1, the Russian authorities said.
The state-run TASS news bureau earlier reported that the ban would stay successful spot until July 31.
Mr. Novak said that turmoil successful the global oil and lipid products market, caused by the situation successful West Asia, is starring to important terms fluctuations. At the aforesaid time, the precocious request for Russian vigor resources successful overseas markets remains a affirmative factor, helium added.
Crude oil processing volumes stay at past year's level, ensuring a unchangeable proviso of lipid products, the authorities said successful a statement.
Several regions successful Russia and parts of Ukraine nether Russian power were reporting gasoline shortages past twelvemonth aft Ukraine stepped up attacks connected Russian lipid refineries and amid a seasonal surge successful fuel demand.
Russia has repeatedly imposed curbs on gasoline and diesel exports to rein successful rising substance prices and tackle shortages.
According to manufacture sources, the state exported astir 5 cardinal metric tons of gasoline past year, oregon astir 117,000 barrels per day.
