Russia Announces Extension of Gasoline Export Ban

(MENAFN) Russia announced on Tuesday an extension of its temporary ban on gasoline exports and imposed fresh restrictions on a broader range of fuel products, escalating efforts to stabilize its domestic market. The gasoline ban will now remain in effect until December 31, according to an official government statement.

The statement said the move aims to “maintain a stable situation in the domestic fuel market.”

In a separate resolution, the government detailed new curbs on the export of diesel, marine fuel, and various gasoils — including those sold via commodity exchanges. These controls will take effect the day after official publication and remain valid through the end of 2025.

However, the restrictions will not apply to fuel shipped directly by the producers of the specified products, the government clarified.

The announcement follows remarks by Deputy Prime Minister Alexander Novak, who previously confirmed that fuel export limitations would be extended through the end of the year.

Russia, one of the top global suppliers of diesel, has periodically imposed fuel export controls in recent years. These measures are typically introduced during periods of seasonal demand spikes or refinery maintenance, with the dual aim of curbing domestic price volatility and ensuring adequate internal supply. The country’s export policy is closely monitored by international energy markets due to its significant share in global diesel trade.

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