Economics

A new gas station failure: Why Russia is introducing a ban on gasoline export

Export restrictions in Russia will be expected to take six months. The Russian government has introduced a ban on gasoline export from March 1, 2024. Also up to 16% will increase the standard of sales of diesel fuel on the exchange. The ban on the sale of gasoline abroad, according to the Russian edition of RBC, will be six months. According to media information, Vice Prime Minister Alexander Novak has a deputy prime minister.

Yes, on February 21, he appealed to the Prime Minister of the Russian Federation with the appropriate proposal. The reason for the restrictions, as argued, is in the domestic market will soon begin the season of increased demand for fuel, as spring field work will start, and the refinery will carry out routine repairs. Despite the moratorium, Russia will supply gasoline to a number of so -called friendly countries, such as Mongolia, Uzbekistan, Abkhazia, etc.

It is noteworthy that in 2023 in Russia already introduced a temporary ban on fuel export, as wholesale prices increased sharply. The Ministry of Energy of the Russian Federation then reported that in two months the domestic market created a surplus of fuel, and the exchange wholesale wholesale value of gasoline decreased significantly. However, Prime, Dmitry Leushkin, director of the Prime Group, then told Focus that fuel shortages have occurred in EU sanctions in Russia.

"They do not have enough fuel because their logistics is choked," the expert explains. "All their" heavy "oil filled all tanks, so they cannot physically produce fuel even for their market. Belarus works for Russia to somehow improve their the situation, "he said. Focus has already said that Ukrainian drones this winter attack plants in different regions of Russia. This is to ensure that the oil and gas potential of the Russian Federation is reduced.

For example, on the night of January 21, there was a fire on the oil terminal of Novatek in Ust-Luz near St. Petersburg. According to preliminary data, explosions occurred at the object: Russian firefighters extinguished the flames for almost a day. The terminal was attacked when eight cargo ships were loaded, which were to be taken for sale by Russian petroleum products or raw oil. And on January 24, the oil depot was attacked in Tuapse.

As a result, factories engaged in the processing of the condensate of PJSC "Novatek" on the Baltic coast and the Tupsinsky refinery of PJSC "Rosneft" were forced to stop the primary processing of oil in the last week of January. The 9th of the attack was an oil refining plant in the Russian city of Orel. According to preliminary data, the attack was carried out by the GUR Department of the Ministry of Defense, with the help of UAV of Ukrainian development.