Russian Deputy Prime Minister Alexander Novak said that the Russian government does not observe any risks of overstocking for the domestic fuel market due to the ban on gasoline exports coming into force on March 1. Novak emphasized that the country’s authorities can lift the restriction if there is an oversupply of fuel on the domestic market.
Separately, the Cabinet also does not see the need to adjust the fuel damper. It is expected that the introduction of export restrictions will saturate the domesticfuel market during periods of high demand in spring and summer.