Russia will consider partial lifting of diesel export ban in case of overproduction, Novak says
USO•Russia will consider partially reopening diesel exports if production exceeds domestic demand, Deputy Prime Minister Alexander Novak said. The country extended its diesel export ban through October, while Novak said the domestic market is balanced and supplies are sufficient.
1. Exports may partially reopen
Russia will consider partially reopening diesel exports if production exceeds domestic demand, Novak said in the upper chamber of parliament. Russia extended its ban on diesel exports by fuel producers through the end of October.
2. Domestic market and refineries
Novak said domestic diesel supplies are sufficient and the market is balanced. He said Russia thwarted attacks on four refineries overnight and was assessing damage at one plant; he described the situation around Ukrainian drone attacks on energy infrastructure as tense.
