Russia lifts gasoline export ban for producers, extends for others

Russia’s Authorities has lifted a short lived ban on gasoline exports for producers however prolonged the restrictions for different exporters of the gasoline till Jan. 31, 2025, it stated on Saturday (November 30, 2024).

The preliminary ban on gasoline exports was set to run out on the finish of this 12 months.

“The choice was taken to take care of a secure scenario within the home gasoline market, help the economic system of oil refining, and counteract gray exports of motor gasoline,” the assertion says.