Russia Lifts Gasoline Export Ban for Oil Producers

Russia lifted its ban on gasoline exports for oil producers in a move aimed at preventing a buildup of domestic fuel stockpiles, while extending restrictions on non-producers until the end of July 2026, the government announced on Saturday.

In a statement accompanying the decision, Russian authorities said the measure is intended to “maintain stability in the domestic fuel market,” as refiners face rising inventories amid subdued local demand and ongoing logistical constraints.

The easing of restrictions applies exclusively to oil-producing companies, allowing them to resume gasoline exports ahead of the originally planned timeline. Meanwhile, the export ban on gasoline, diesel, and other fuel products by traders and non-producing entities has been extended through July, underscoring Moscow’s cautious approach to fuel flows.

According to Russia’s Interfax news agency, citing a source familiar with the matter, the proposal to lift the export ban for producers was put forward by the Energy Ministry, which warned that prolonged restrictions risked creating excessive stockpiles at refineries.

Russia had imposed the export ban earlier as part of efforts to shield domestic consumers from price volatility and ensure adequate fuel supplies, particularly during periods of seasonal demand. However, with inventories mounting, officials now appear focused on balancing internal market stability with the need to keep refinery operations economically viable.

While gasoline exports by producers will resume, the government confirmed that restrictions on diesel and other refined fuel exports by non-producers remain unchanged. These controls are designed to prevent speculative trading and ensure that domestic supply obligations are met before products are shipped abroad.

The policy adjustment reflects Russia’s ongoing recalibration of its energy export strategy as it navigates sanctions, shifting trade routes, and fluctuating demand both at home and overseas.

The partial lifting of the gasoline export ban could modestly increase supply in international markets, particularly in regions that continue to import Russian fuel through alternative channels. Analysts note, however, that the impact is likely to be limited by logistical bottlenecks and regulatory oversight.