Russia considers diesel export ban for non-producers, Interfax reports

Russia considers diesel export ban for non-producers, Interfax reports

Russian oil companies have held talks with the government on whether firms that do not produce diesel should be banned from exporting it because of concern the refiners may be losing subsidies, Interfax news agency reported on Tuesday.

Russian authorities discussing diesel fuel export restrictions, sources say

The Ministry of Energy and oil producers are concerned of the situation that may lead to further price growth on the commodity exchange, the sources said

Russia Considers Diesel Export Ban for Non-Producers

Russian oil companies and officials have discussed the possible ban on diesel exports for firms not producing diesel, due to rising prices and the risk of oil companies not getting their state subsidies, Russia’s Interfax news agency reported on Tuesday, quoting unnamed sources. Currently, Russia has a ban on gasoline exports only, until the end of the year. As of October 1, winter diesel fuel is included in the wholesale diesel price, which has…

Russia to respond if West approves Ukrainian long-range missile strikes – Lavrov

The decision would trigger the contingency plan outlined by President Vladimir Putin, the foreign minister has warnedRussian Foreign Minister Sergey Lavrov. ©  Sputnik/Sergey BobylevMoscow would trigger a “contingency plan” outlined by President Vladimir Putin in the event that Ukraine receives permission to use Western-supplied long-range missiles for strikes deep inside Russia, Foreign Minister Sergey Lavrov has warned.Putin earlier said that …