Gasoline Export Ban and Diesel Market Adjustment: Russia Sets Temporary Measures

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A senior official speaking for Russian Deputy Prime Minister Alexander Novak confirmed plans to implement a temporary ban on exporting gasoline. The policy, slated to begin on March 1, is paired with a potential increase in the diesel sales standard on the stock exchange to 16 percent. The information was reported by TASS and circulated across industry channels.

Officials indicated the export restriction should last for about six months. The move aims to balance a rising demand for Russian fuel during the spring and summer seasons when field work and refinery maintenance peak, potentially limiting short-term price volatility in local markets.

The ban will not alter previously agreed gasoline deliveries to EAEU member states, Mongolia, Uzbekistan, Abkhazia, or South Ossetia, preserving those contractual volumes while imposing restrictions on non-regional exports.

Last week, fuel market analyst Anastasia Bunina noted that authorities are prepared to act through March to curb price swings seen by consumers, though forecasts point to continued price increases beginning in April as a result of supply-demand dynamics and seasonal factors.

Earlier assessments highlighted the steady availability of gasoline in various Russian regions, even as export controls were contemplated. Market observers emphasize that domestic supply chains and refinery throughput will be closely watched to maintain stability through the upcoming season.

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