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Russian Deputy Prime Minister Alexander Novak said that Russia will extend the ban on diesel exports until the end of January 2027, with exceptions for world markets. Already in November they plan to supply 2/3 of the pre-crisis diesel volume to the world market. The Deputy General Director of the National Energy Institute Alexander Frolov explained to Reedus that the ban will be maintained not because of a physical shortage of diesel, but because of an imbalance in prices on the world market - where this fuel costs about 1.7 times more than in Russia. In this case, Russian exporters will pay much less attention to the needs of the local market.

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🇷🇺 Russia · Map

Russian Deputy Prime Minister Alexander Novak said that Russia will extend the ban on diesel exports until the end of January 2027, with exceptions for world markets. Already in November they plan to supply 2/3 of the pre-crisis diesel volume to the world market. The Deputy General Director of the National Energy Institute Alexander Frolov explained to Reedus that the ban will be maintained not because of a physical shortage of diesel, but because of an imbalance in prices on the world market - where this fuel costs about 1.7 times more than in Russia. In this case, Russian exporters will pay much less attention to the needs of the local market.

Russian Deputy Prime Minister Alexander Novak said that Russia will extend the ban on diesel exports until the end of January 2027, with exceptions for world markets. Already in November they plan to supply 2/3 of the pre-crisis diesel volume to the world market. The Deputy General Director of the National Energy Institute Alexander Frolov explained to Reedus that the ban will be maintained not because of a physical shortage of diesel, but because of an imbalance in prices on the world market - where this fuel costs about 1.7 times more than in Russia. In this case, Russian exporters will pay much less attention to the needs of the local market.

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