Russia relaxes ban on fuel exports ...News

Economy by : (Russia Today) -
Cross-border sales were halted last month in a bid to stabilize the domestic market The Russian government has lifted restrictions on diesel exports, but a ban on gasoline shipments out of the country remains in place, the press service of the Council of Ministers announced on Friday. The measures were introduced last month in an effort to stabilize the domestic fuel supply. Diesel shipments can resume under two conditions – if the fuel is delivered to the ports by pipeline and if the manufacturer supplies at least 50% of diesel it produces to the domestic market. Friday’s announcement comes less than three weeks

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