Russia bans gasoline exports from April 1 to July 31

Change
Russia instructed its Energy Ministry to draft a resolution imposing a ban on gasoline exports effective April 1 that government reports say will run through July 31, 2026.
Russia bans gasoline exports from April 1 to July 31
Why it matters
Export permission and clearance for gasoline shipments scheduled inside the April–July window will be unavailable, forcing planned overseas deliveries to halt. Operational teams must reallocate cargoes to domestic markets or renegotiate contracts to avoid failed deliveries.
Implications
  • Refiners and fuel trading desks with scheduled gasoline export contracts must cancel or reallocate shipments planned for April–July or face unshippable cargoes and delivery failures.
  • Shipping companies and freight forwarders arranging gasoline liftings must stop new bookings for export cargoes in the April–July window and seek domestic load opportunities to avoid idle liftings.

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Source

The Hindu

Topics

Policy & Regulation Trade & Tariffs Regulatory Actions Markets Oil & Gas

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