Fuel

Russian fuel market situation being stabilised - Novak

Government measures to stabilize the fuel market are yielding results, with retail restrictions already being lifted in several regions, the number of operational filling stations growing, and queues shrinking, Russian Deputy Prime Minister Alexander Novak told the Vesti news program.

Russia retains lead in fuel exports to Turkey

Russia remained the top supplier of crude oil and petroleum products to Turkey in May, outstripping Kazakhstan and the United States, as Ankara sourced more than 40% of its fuel needs from Moscow.

Russia bans diesel exports

Russian authorities have imposed a ban on diesel fuel exports to increase supplies to the domestic market, Deputy Prime Minister Alexander Novak announced at еру meeting between President Vladimir Putin and the cabinet.

Novak describes Russian fuel market situation as tough

Russia’s fuel market situation remains tough, given summer peak demand and unscheduled oil refinery repairs, Russia's Deputy Prime Minister Alexander Novak at a meeting at the government's situation center.

Novak instructs oil companies to ensure additional fuel supplies to regions

Russian Deputy Prime Minister Alexander Novak has instructed oil companies to ensure additional fuel supplies to rapidly meet domestic demand in the regions, according to a statement by the cabinet of ministers following a meeting chaired by Deputy Prime Minister on the situation in the fuel market.

Kazakhstan plans to extend gasoline, diesel export ban

Kazakhstan's Energy Ministry has drafted an order to extend the ban on gasoline exports from the country to all destinations, including member states of the Eurasian Economic Union (EAEU), for another six months - from November this year through May 2027.

Novak gives instructions to ensure priority fuel supplies

The latest meeting on the fuel market situation held by Russia's Deputy Prime Minister Alexander Novak focused on organizing fuel supplies within the framework of northern deliveries, the government's press service said.

Novak comments on situation with fuel prices at Russia's gas stations

The situation in the domestic fuel market remains stable, with prices at gas stations of vertically integrated companies and most stations rising in line with inflation, Russian Deputy Prime Minister Alexander Novak said on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

Iran stops large-scale fuel smuggling

In Sistan and Baluchestan Province, 48 vessels carrying 73,000 litres of contraband fuel were seized. Around 100 people were detained.

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