Russia partially lifts diesel export ban

The Russian government announced that the ban on diesel fuel exports has been partially lifted within the scope of the agreement reached with the USA.

Emre Gürkan Abay

In the written statement made by the Russian government, it was stated that the decision was taken in line with the agreement reached between Russian President Vladimir Putin and US President Donald Trump.

In the statement, it was stated that the ban on diesel exports was partially lifted with the decision that came into force today, and it was noted that in the first stage, 500 thousand tons of diesel fuel were allowed to be shipped to world markets.

In the statement, it was reported that Russian oil companies will begin to conclude export contracts with foreign buyers in coordination with the government.

Russian Deputy Prime Minister Aleksandr Novak stated that the decision will not negatively affect consumers in the domestic market and said, "Our production volumes allow us to fully meet the needs of both the domestic market and the specified amounts of exports." he said.

In Russia, a diesel export ban on non-manufacturing companies began to be implemented on January 31, and on July 9, the ban was expanded to include direct producers.

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