Vladimir Putin orders ban on petrol exports as gas shortages hit Russia

Vladimir Putin has ordered a ban on petrol exports as gas shortages hit Russia.

Putin, 71, introduced a six-month ban in a bid to fulfill home demand from drivers and farmers.


The ban, which is able to come into pressure on March 1, was confirmed by a spokesman for Deputy Prime Minister Alexander Novak.

It’s going to permit for deliberate upkeep of refineries.

Putin, 71, introduced a six-month ban in a bid to fulfill home demand from drivers and farmers.

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An identical ban was put into place between September and November final 12 months.

The earlier ban seemed to deal with excessive home costs and shortages.

Ex-Soviet states Belarus, Kazakhstan, Armenia and Kyrgyzstan had been exempt from the choice.

The most recent ban won’t lengthen to member states of the Eurasian Financial Union.

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The brand of Russia’s vitality big Gazprom is pictured at certainly one of its petrol stations in Sofia

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Such a choice will permit Mongolia, Uzbekistan and two Russian-backed breakaway areas of Georgia to proceed importing Russian petrol.

South Ossetia and Abkhazia broke away from Tblisi following the struggle of 2008.

Gazprom Neft’s Omsk refinery, Lukoil’s NORSI oil refinery in Nizhny Novgorod and Rosneft’s Ryazan refinery emerged as the highest petrol producers in Russia final 12 months.

Russia produced 43.9 million tons of petrol in 2023.

Putin is the chief of Russia GETTY

Exports totalled at round 5.8 million tons, roughly 13 per cent of manufacturing.

Nigeria, Libya, Tunisia and in addition United Arab Emirates are among the many greatest importers of Russian gasoline.

The most recent announcement comes after assaults on Russian amenities by Ukrainian drones in latest months.

Moscow and Kyiv have focused one another’s vitality infrastructure in a bid to disrupt provide strains and logistics.

Russia is already voluntarily slicing its oil and gas exports by 500,000 barrels per day within the first quarter as a part of OPEC+ efforts to assist costs.

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