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Russia lifts its restrictions on gasoline exports implemented in September 2023

The Russian Government has announced that it has lifted its restrictions on gasoline exports, two months after implementing them. In late September 2023, Russia temporarily banned exports of gasoline and diesel to all countries except four ex-Soviet states (Belarus, Kazakhstan, Armenia and Kyrgyzstan) in order to stabilise its domestic market. Most restrictions on diesel exports were lifted in early October 2023. Russia could reimpose export bans in the future if necessary.

In 2022, Russia produced 265 Mt of petroleum products (including 85 Mt of diesel and 42 Mt of gasoline) and exported 111 Mt (38 Mt of diesel and 4 Mt of gasoline). Russia was the second largest exporter of diesel in the world in 2022, behind the US and before Saudi Arabia. As for gasoline exports, Russia ranked 15th, far behind the US, the Netherlands, India and China.

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