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Russian Energy Ministry Seeks to Exempt Some Oil Products from Export Ban

OIL PRODUCTS

The Russian Energy Ministry has created a draft amendment to exclude bunker fuel, gasoils and some middle distillates from the recent export ban implemented last week.

  • The draft is still waiting approval.
  • The main restrictions on gasoline and diesel exports would remain if the amendment is approved.
  • Russia claims the export ban last Thursday was to try and reduce record prices at the pump for Russian consumers.
  • *RUSSIAN PROPOSALS KEEP BAN ON EXPORTS OF DIESEL, GASOLINE
  • *RUSSIAN AMENDMENTS TO EXEMPT BUNKER FUEL, GASOILS
  • *RUSSIA PROPOSES AMENDMENTS TO BAN ON EXPORT OF OIL PRODUCTS - bbg

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