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Russia Intends to Impose Restrictions on Petrol Exports in Coming Days



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The Russian government may support the Energy Ministry’s request to impose a temporary restriction on petrol exports in the coming days, according to Yevgeny Arkusha, President of the Russian Fuel Union. Energy Minister Nikolay Shulginov said last week that his ministry has presented this idea to the cabinet. The prohibition may be in effect for at least three months.
The ministry stated that because a legal foundation for the prohibition has already been drafted, a decision on adopting this policy may be made quickly. Arkusha emphasized that the situation on the fuel market demanded immediate action due to rising …

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