Interfax: Russia may extend gasoline export ban by six months
This digest was compiled by AI from multiple sources — links to the originals are below.
Russia is discussing extending the ban on gasoline exports by six months, according to Interfax sources. A draft decree has been prepared, and Deputy Prime Minister Alexander Novak is expected to make the final decision. The diesel export ban for non-producers may also be extended by six months.
Proposed Extension
Interfax reported on July 23, citing unnamed sources, that Russian authorities are considering extending the gasoline export ban for six months beyond its current expiry on July 31. A draft government decree has been prepared, and one source claimed the decision is effectively already made. The diesel export ban for non-producers is also expected to be extended by six months.
Decision-Making Process
Deputy Prime Minister Alexander Novak will make the final decision on the extension, according to the sources. The Russian government previously imposed and extended similar restrictions on fuel exports to stabilize the domestic market. The current ban on gasoline exports expires on July 31, while the diesel ban for producers is set to end in late August.
What's Next
The government is expected to issue a formal decree in the coming days. It remains unclear whether the extension will fully stabilize domestic fuel prices amid ongoing refinery maintenance and seasonal demand.
2 sources
Interfax: Russia may extend gasoline export ban by six months
