Free Trial

Gazprom Refining Unaffected by Fuel Export Ban


Gazprom’s refining was not affected by the recent ban on fuel exports in Russia, with volumes in 2023 expected to be similar to last year, according to Interfax citing Gazprom CEO Alexander Dyukov.

  • "No, there were no changes; no overstocking; the usual situation. Refining will correspond to last year's figure. If there are deviations, they will be minor. As for motor fuels, production volumes have actually increased," Dyukov said.
  • "Export shipments of diesel have resumed. As far as Gazprom Neft is concerned, at the moment this is enough to keep our factory capacities occupied," Dyuokv said regarding current restrictions requiring producers in Russia to reserve 50% of production for the domestic market.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.