Policy & Regulation

02 Aug 2021

Russia’s Energy Ministry Proposes Ban on Gasoline Export

02 Aug 2021  by Reuters   

Russia’s energy ministry said on Friday it filed a proposal for the government to start a procedure for a ban on gasoline exports.

“The energy ministry proposed to the government to launch an urgent procedure of banning exports of gasoline,” the ministry said in a statement.

It said earlier that the ban may help to reduce domestic prices for gasoline after they rose in recent months, which is a sensitive issue for Russia ahead of the September parliamentary election.

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