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The Russian government will include gasoline in the list of strategic goods and restrict its export

Russia / Ukraine

The Russian government instructed the Ministry of Energy to prepare draft acts on the establishment of temporary exports of "certain types of petroleum products".

The Russian government will include gasoline in the list of strategic goods and restrict its export

According to the text of the minutes of the meeting with the Deputy Prime Minister of the Russian Federation Alexander Novak on April 21, the Russian government decided to include gasoline in the list of goods that "are essential for the domestic market, in respect of which, in exceptional cases, temporary restrictions or export bans may be established." ... writes Kommersant.

The point is that, if necessary, the cabinet of ministers could promptly prohibit the export of gasoline to countries outside the EAEU.

Export restrictions may lead to a significant drop in wholesale prices, as the supply of gasoline in the domestic market will grow by 200-400 thousand tons, which is 7-14% of the current demand.

In April 2021, the government began discussing the possibility of introducing a seasonal embargo on gasoline exports as a measure to contain the price of fuel when demand for it grows.

The largest exporter of gasoline is the Kirishi refinery of Surgutneftegaz. In March, Russia, according to preliminary estimates, exported 73,400 tons of gasoline to Kyrgyzstan, 7,600 tons to Belarus and 300 tons to Kazakhstan.

Previously reported that according to experts, in May Ukraine may face a shortage of diesel fuel due to the planned maintenance of the Belarusian Mozyr oil refinery, which coincides with the stoppage of supplies from the plants of the Russian "Rossneft".

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