Friday, April 29, 2011

Russia Suspends Gasoline Exports

Russia will suspend exports of gasoline in May in order to meet domestic demand, after almost a week of dire shortages in some regions, Deputy Energy Minister Sergei Kudryashov said. "I think we must satisfy the need at the expense of cutting exports," Kudryashov said. "We have agreed now that oil companies will supply all their oil products to the domestic market." No formal export ban has been introduced, though. Instead, Prime Minister Vladimir Putin ordered the government to drastically increase export duties for oil products.


http://en.rian.ru/business/20110428/163750429.html
http://en.rian.ru/business/20110428/163754554.html
http://www.vesti.ru/videos?vid=334226 (video)

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