Sergey Kondratiev, Principal Director on Economic Studies at the Institute for Energy and Finance, commented to the Kommersant newspaper on the need to lift restrictions on the export of Russian diesel fuel and gasoline.
"There is a need to lift restrictions, especially if we are talking about the diesel fuel market," Sergey Kondratiev believes. - In recent months, 3.3—3.5 million tons have been exported, such volumes are not needed in the domestic market." He believes that the lifting of restrictions will be gradual: "A possible export permit for refineries connected to the Transneft product pipeline system looks logical from the point of view of export shipments control. It is possible that the Ministry of Energy and market participants will agree on the control of export transportation by rail and permission for fuel transshipment in certain ports, the expert notes. Similar mechanisms can be launched for the gasoline market, but, he continues, "here both the government and the refinery have a greater margin of safety — the share of exports is smaller, the storage facilities are not filled yet, and there is still an opportunity to discuss export regulation schemes."
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