Russia lifts ban on most of diesel exports

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 17%
  • Publisher: 63%

Explore stories from Atlantic Canada.

Canada News, Canada Headlines

MOSCOW (Reuters) -Russia's government said on Friday it had lifted a ban on pipeline diesel exports via ports, removing the bulk of restrictions installed on Sept. 21.Diesel is Russia's biggest oil product export, at about 35 million tonnes last year, of which almost three-quarters were shipped via pipelines. Russia also exported 4.8 million tonnes of gasoline in 2022.

"The government lifted restrictions on exports of diesel fuel delivered to seaports by pipeline, provided that the manufacturer supplies at least 50% of the produced diesel fuel to the domestic market," the government said in a statement. The restrictions on fuel exports from Russia, the world's top seaborne exporter of the fuel, just ahead of the United States, have bolstered global prices and forced some buyers to scramble for alternative sources of gasoline and diesel.

The government also hiked fuel export duty for resellers to 50,000 roubles per tonne from 20,000 roubles and reinstalled subsidies, or damper payments, for oil refineries.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cape Breton woman living in motorhome at campground due to no affordable housingExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Blue Jays beat themselves and go meekly into off\u002Dseason after being swept by TwinsExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Pharmacists limiting refills of diabetes drug Ozempic in Nova Scotia because of worldwide shortageExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

What does the seasonal flu mean for the workplace?Explore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Cape Breton\u0027s Bruce Guthro earns Order of Nova Scotia honourExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

NATURE CONSERVANCY: Be thankful for nature and nature will thank you backExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »