Russian government will ban gasoline exports for six months from March 1

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The head of the Russian government, Mikhail Mishustin, approved a ban on gasoline exports for six months, starting from March 1 of this year. The agency reports this with reference to sources. RBC.

The temporary export ban will not affect the agreed volumes of gasoline supplies to the Eurasian Economic Union (EAEU) countries, as well as Mongolia, Uzbekistan, Abkhazia and South Ossetia.

In addition, according to the agency’s interlocutors, it was decided to increase the diesel sales standard on the stock exchange to 16 percent.

According to RBC, the initiator of a temporary ban on gasoline exports and increased standards for trading oil products on the stock exchange was Deputy Prime Minister of the Russian Federation Alexander Novak. According to Novak, it is necessary to take measures that will help stabilize prices in the domestic market and neutralize the increasing demand for oil products in the country.

Previously fuel market expert Anastasia Bunina statedIt was stated that Russian authorities will take measures until the end of March to prevent fluctuations in gasoline prices that are noticed by consumers, but gasoline prices will continue to increase starting from April.

Previously FAS excited Lawsuits were filed against independent gas stations and oil depots due to increases in fuel prices.

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