Russia's government may allow gasoline exports until end of August
The Russian government may extend gasoline export permits for major producers until the end of August 2025, Russian newspaper Kommersant reported on Tuesday, citing sources.
The current export permit expires at the end of February.
On February 7, news agency TASS reported that Russia's Federal Anti-monopoly Service may initiate a one-month ban on gasoline exports by large producers to stabilize wholesale prices ahead of the crop-sowing season, when demand from farmers increases.
Deputy Prime Minister Alexander Novak and the government will discuss the possible permit extension on Thursday, Kommersant reported.
The initial ban on gasoline exports was introduced in March last year to address a sharp rise in wholesale fuel prices and the risk of a shortage on the domestic market.
It excludes supplies to the Moscow-led Eurasian Economic Union, a group of five former Soviet states, and to countries such as Mongolia with which Russia has intergovernmental agreements on fuel supplies.
The biggest importers of Russian gasoline include Nigeria, Libya, Tunisia and the United Arab Emirates.
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