Novak explained the decision to partially lift the ban on diesel exports

The decision to partially lift the ban on the export of diesel fuel was made to prevent overstocking of storage facilities, while the measure will help maintain the utilization of refineries. About it stated Deputy Prime Minister of the Russian Federation Alexander Novak during a meeting with Prime Minister of the Russian Federation Mikhail Mishustin.

“The ban measure fulfilled its purpose. The decision was made to prevent overstocking of storage facilities and a subsequent reduction in processing at the largest oil refineries,” he said.

Novak recalled that such a measure is valid provided that companies supply at least half of the diesel produced to the domestic market. According to him, this will allow maintaining the utilization of systemically important refineries and “give an additional incentive to companies with a historically higher share of exports” to supply fuel to the domestic market.

The Deputy Prime Minister emphasized that Russia continues to ban the export of gasoline and the export of diesel by rail.

On September 21, the Russian government introduced a complete indefinite (“until the situation stabilizes”) ban on the export of diesel fuel and gasoline. However, on October 6, additional measures were taken, including the lifting of restrictions on the export of diesel delivered to seaports by pipeline, provided that the company supplies at least 50% of the fuel produced to the domestic market.

In addition, the Cabinet of Ministers decided to restore the fuel damper, increase the share of diesel sales on the exchange from 9.5 to 12.5%, and class 5 gasoline from 13 to 15%, and also introduce a protective duty on petroleum products in the amount of 50,000 rubles . per ton for suppliers who buy products for resale.