Russia to stop exporting gasoline in May - Energy Min
MOSCOW – Russia's Energy Ministry said on Thursday producers will stop exporting gasoline in May to help Russia cope with the fuel shortage on domestic markets, Deputy Minister Sergei Kudryashov said, Interfax reported.
"In May companies will not be exporting. All volumes will be supplied to the domestic market," he said at an oil product meeting.
He also said the ministry does not think it possible to regulate oil product prices and that it expects gasoline prices to rise 5 percent in the near future.
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