MOSCOW (Reuters) -Russian Deputy Energy Minister Pavel Sorokin said on Tuesday that further restrictions on fuel exports are possible if needed, the Interfax news agency reported.
Russia has extended a gasoline exports ban until the end of September and the authorities have said the restrictions could be extended into October if the shortages persist.
The country has faced a deficit of certain types of gasoline due to Ukraine’s strikes on refineries as well as supply chain disruptions exacerbated by high borrowing costs that made it hard for fuel stations to stockpile.
“All necessary measures will be taken to ensure the market is fully supplied. If this requires additional export restrictions, these restrictions may also be imposed,” Interfax quoted Sorokin as saying.
Russian news agencies have also said, citing unnamed sources, that the government discussed possible exports ban on diesel as well until the end of the year.
(Reporting by ReutersWriting by Felix LightEditing by Andrew Osborn, Alexandra Hudson)
