Russian gasoline exports fell by almost a third.

Russian gasoline exports are fading faster
Russian gasoline exports are fading faster

According to industry information and calculations by Reuters, gasoline export deliveries from Russia through ports and border crossings decreased by 30% to approximately 4 million tons compared to last year.

The decrease in shipments is related to the ban on gasoline exports, as well as planned and unplanned repairs at Russian refineries. The Russian authorities imposed a ban on gasoline exports to protect the domestic market.

Exceptions have been made for supplies within the framework of intergovernmental agreements and fuel exported by citizens for personal use and for providing international humanitarian assistance.

The ban was temporarily lifted from May 20 to the end of July 2024, but was reimposed in August, allowing exports only for producers from December.

The reduction in gasoline exports is also linked to a decrease in oil refining and unplanned repairs at Russian refineries. Additionally, last year a protective duty on petroleum products was applied, limiting the export of motor fuel originally purchased for domestic consumption at reduced prices.

The largest decrease in gasoline exports was recorded through Baltic ports. Supplies through the Ust-Luga port decreased by half, and through the Vysotsk port - by 74%. Shipments through the Arctic port of Murmansk, the Kavkaz port, and the Taman port also decreased.

At the same Time, deliveries of motor fuel to Mongolia increased, which has signed an agreement for the supply of petroleum products from Russia. Market participants believe that some of these volumes may have been re-exported to other destinations.


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