Russian Government May Introduce Licenses for Fuel Exports

Posted by Michelle Howard
Wednesday, October 24, 2018

The Russian government may introduce licenses for fuel exports to tackle possible shortages on the domestic market and cool down prices, a source familiar with a meeting between the government and oil producers said on Wednesday.

Earlier in the day, the government held a meeting with the oil producers to discuss the current situation on the domestic fuel market as prices for gasoline and diesel have been on the rise.

The source said licensing is one of the measures to tackle those issues.

Reporting by Polina Nikolskaya; writing by Vladimir Soldatkin

Categories: Russia Shale Oil & Gas

Related Stories

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

CNOOC Brings New Offshore Gas Field On Stream

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Woodside Finds South Korean Partners to Advance LNG Value Chain

Current News

Norwegian Oil Investment Will Peak in '25

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com