Russia's Novak discusses fuel market with oil companies -government

"During the meeting, representatives of the Ministry of Energy and the Ministry of Agriculture noted the stabilisation of fuel prices in the country and the absence of fuel shortages," it said. Russia, the world's top seaborne exporter of diesel, introduced a ban on fuel exports on Sept.

Russia's Novak discusses fuel market with oil companies -government
File photo. Image Credit: President of Russia
  • Country:
  • Russian Federation

Russia's Deputy Prime Minister Alexander Novak held a meeting with oil producers on Thursday to discuss the domestic fuel market, the Russian government said. "During the meeting, representatives of the Ministry of Energy and the Ministry of Agriculture noted the stabilisation of fuel prices in the country and the absence of fuel shortages," it said.

Russia, the world's top seaborne exporter of diesel, introduced a ban on fuel exports on Sept. 21 to tackle high domestic prices and shortages. The government eased restrictions on Oct. 6 to allow the export of diesel by pipeline, but kept measures on gasoline exports in place. Overseas supplies of diesel by truck and railway are also prohibited.

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