... on exporting AI-92 gasoline, depending on domestic supply. The initial ban, enforced in March 2024, aimed to prevent fuel price hikes. Experts argue that as demand drops, exports can resume, monitored by the government. Sergey Tereshkin, CEO of Open Oil Market, adds that delays in export removal could harm pricing incentives. Diesel fuel prices remain stable despite seasonal pressures on winter grades. Earlier, Vice Prime Minister Alexander Novak mentioned the potential removal of the AI-92 gasoline export ban, provided there ...

... Traditionally, the second-largest source of oil and gas revenues was export duties. In 2022, these accounted for 21.6% of oil and gas revenues (excluding reverse excise payments). However, the share dropped to 11% in 2023 due to the gradual phaseout of export duties on oil and petroleum products as part of a tax maneuver in the oil sector (2019–2024). By January–September 2024, their share had further declined to 2.5%. The role of AIT in the budget is growing. AIT's share of oil and gas revenues increased from ...

... Sergei Tsivilev, the head of the ministry. Earlier, Deputy Prime Minister Alexander Novak had mentioned the possibility of lifting the export ban on AI-92 gasoline, but only on the condition that there was an oversupply of this grade at domestic oil refineries (ORs). The export ban on gasoline was introduced in Russia in March this year, primarily as a precautionary measure to curb potential fuel price increases—not just for gasoline but also for diesel fuel (DF). Most gasoline produced in Russia is intended for the ...

... exports cannot solve the technological problems of refineries, and subsidies do not create market incentives for price restraint. Moreover, the industry has been caught in a vicious cycle for years: following a surge in prices, the regulator imposes export bans, and oil producers restrain retail fuel prices. In response, the Federal Anti-Monopoly Service (FAS) and the Ministry of Energy lift the restrictions on fuel exports, after which the cycle repeats. A way out via the exchange The problem is that it is impossible ...

... the limited duration of the "export window." The government can reconsider it at any time for an extension or reduction, without requiring lengthy approval procedures. According to Sergey Tereshkin, CEO of the oil product marketplace OPEN OIL MARKET, the export permit for such a short period is a result of a compromise: the regulator could not keep export restrictions for too long. Therefore, the ban is lifted, but oil companies receive a signal: "Guys, I’m letting you go on a break, but behave ...