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Not Much Fire: Why the Government Banned Gasoline Exports

Discussing the reasons behind the government's ban on gasoline exports and what this means for the domestic market and fuel prices. Russia has implemented a complete ban on gasoline exports for August due to a significant surge in market prices. This was driven by a seasonal increase in fuel costs,...

Experts Assess the Consequences of Lifting the Ban on Gasoline Exports

... Board of the “Reliable Partner” association and member of the "Russia's Gas Stations" contest advisory board, reopening gasoline exports is justified due to the end of peak demand season and Russian refineries' production capabilities. The government retains the option to reinstate the ban if prices rise. Gusev emphasizes that lifting the export ban should require continued oversight of Russian Railways (RZhD) to ensure timely deliveries, as current irregularities in rail transport disrupt fuel supply, despite adequate production levels....

Starting from August 1, the ban on fuel exports will be reinstated. What does this mean for the market?

... following a meeting with Deputy Prime Minister Alexander Novak. In mid-July, Novak also described the situation in the market as stable, but noted the "sensitive" reaction to the dynamics of AI-95 gasoline supplies. Against this backdrop, the government decided to return to the ban on gasoline exports starting August 1. There is also discussion about extending this ban into September and October, Novak said. New Fuel Market Regulation Model The gasoline export ban is not a first-time measure; the government implemented ...

The government has extended the ban on gasoline exports until the end of the year.

... The six-month ban on gasoline exports came into effect in March, but it was suspended from May to July. The Ministry of Energy proposed extending the measure, and the government stated that it was necessary to maintain stability in the market. The government extended the temporary ban on gasoline exports until December 31, 2024, as reported in the government's Telegram channel. It was initially introduced in March until August 31, but the measure was suspended between May and July due to the saturation of the fuel market. Authorities ...

The Russian government will extend the permit for gasoline exports for one month.

... rubles per ton for non-producers. However, this measure has been ineffective, according to Vedomosti's sources. Market participants, including traders, are finding ways to bypass the ban and avoid paying the tariff. One source clarifies that the government is discussing a ban on diesel exports by non-producers from July 1 to December 31. Another source confirms that the embargo could be in place for six months, but the effective date might be delayed due to regulatory approval procedures. In mid-June, the Ministry of Energy's ...