REUTERS/Murad Sezer/File photo Acquire Licensing RightsSummary Russia lifts ban on diesel exports via portsDiesel accounts for the biggest share of Russia's fuel exportsRussia hikes fuel exports duties for resellersDamper payments are reinstalledMOSCOW, Oct 6 (Reuters) - Russia's government said on Friday it had lifted a ban on pipeline diesel exports via ports, removing the bulk of restrictions installed on Sept. 21.
The restrictions for gasoline exports are still in place.
"The government lifted restrictions on exports of diesel fuel delivered to seaports by pipeline, provided that the manufacturer supplies at least 50% of the produced diesel fuel to the domestic market," the government said in a statement.
Russia has been tackling shortages and high fuel prices in recent months, which especially hurt farmers during the harvesting season.
Since the ban was introduced, wholesale diesel prices on the local exchange have fallen by 21%, while gasoline prices are down 10%.
Persons:
Don, Murad Sezer, Alexander Novak, Vladimir Putin's, Vladimir Soldatkin, Guy Faulconbridge, Jan Harvey
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Turkish Navy Coast Guard, REUTERS, Diesel, European Union, Federal, Monopoly Service, Thomson
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