Russia may extend gasoline export permit until end-Feb.

29/1/2025 13:47

Russia's largest oil companies may receive permission from the government to gasoline exports until the end of February, which will allow them run their refineries at the maximum rate, the Kommersant newspaper reported on Wednesday.



At the end of November, Russia's government lifted a temporary ban on the bulk of gasoline exports supplied by producers, while extending the restrictions for other exporters, such as independent traders and re-sellers, until Jan. 31.



Citing unidentified sources familiar with the matter, Kommersant reported that the government may extend the permit for gasoline exports until Feb. 28.



The initial ban on gasoline exports was introduced in March amid a sharp rise in wholesale fuel prices and the risk of a shortage on the domestic market.



The ban does not include supplies to the Moscow-led Eurasian Economic Union of some former Soviet states as well as countries, such as Mongolia, with which Russia has inter-governmental agreements on fuel supplies.