Novak rules out complete diesel export ban for now - Breaking The News
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Novak rules out complete diesel export ban for now

BAHA BREAKING NEWS (BBN) / NL

Russian Deputy Prime Minister Alexander Novak (pictured) ruled out the implementation of a complete prohibition on the export of diesel fuel from Russia, stating that the country produces sufficient quantities, Ria reported on Friday.

"No, we produce diesel in sufficient volume, twice as much as is required to supply the domestic market, so there is simply nowhere to put it," he said when asked about the necessity of imposing an export ban on diesel fuel. As a result of market saturation, the aforementioned ban was lifted in late November.

In an effort to maintain stability in the domestic market, the Russian government recently imposed a prohibition on the export of gasoline from the country between March 1 and August 31.

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