Investing.com -- Russia has extended its general ban on diesel exports by domestic producers through the end of January, while retaining exemptions that will allow some suppliers to continue shipping fuel to international markets.
The decision was taken to support stability in the domestic fuel market, the Russian government said in a statement on Saturday, confirming that a corresponding decree had been signed. The decree itself has not yet been published.
Deputy Prime Minister Alexander Novak said on Friday that the government was preparing exemptions for selected suppliers, allowing limited diesel exports despite the broader restrictions. Similar arrangements were introduced in October and are expected to remain in place in November.
Moscow eased some export restrictions earlier this month after U.S. President Donald Trump said he was working with Russian President Vladimir Putin to facilitate the return of Russian diesel supplies to global markets.
Russia expects diesel exports to reach around 2.15 million metric tons in November, compared with approximately 510,000 tons shipped this month, Novak said.
Ukrainian attacks on Russian refineries could weigh on export volumes, although Novak said the impact was unlikely to be significant.
Four tankers carrying Russian diesel had departed from Baltic ports by late October, according to Novak, highlighting the limited flow of supplies under the existing restrictions.
Original Article
Russia extends diesel export ban through January, allows limited shipments
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