Russia Slashes Gasoline Exports via Railway Amid Export Ban

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Russia Slashes Gasoline Exports via Railway Amid Export Ban
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Russia has cut its gasoline exports in half after imposing a six-month ban on exports to ensure domestic supply. The ban was implemented due to ongoing maintenance and repairs at refineries, as well as Ukrainian drone strikes. Most of the exports went to countries in the Eurasian Economic Union and those with inter-governmental agreements with Russia. This is the second export ban in a few months.

Russia slashed in half its gasoline exports via railway after imposing a six-month ban on exports from March 1 to ensure sufficient domestic supply in peak demand season, while several refineries are undergoing regular maintenance and urgent repairs after Ukrainian drone strikes. Russia n shipments of gasoline from refineries via railway were around 323,000 metric tons in March, according to Reuters calculations based on data from market sources.

Most of these went to countries of the Eurasian Economic Union EAEU led by Russia and countries with which Russia has inter-governmental agreements to supply fuel, per the data Reuters has analyzed. Russia suspended gasoline exports from March 1 until August 31, 2024, to ensure supply for the domestic market in peak demand season, in a second such export ban in just a few month

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Russia Gasoline Exports Railway Export Ban Domestic Supply Refineries Maintenance Repairs Ukrainian Drone Strikes Eurasian Economic Union

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