Russia extends gasoline export permit until July 31

Moscow: Russia has extended the permit for gasoline exports until July 31, as stated in a government document.

A sufficient volume of fuel reserves has been formed in the domestic market, and the demand is fully met by supply, Russian Energy Minister Sergei Tsivilyov was quoted by RIA Novosti, reported Xinhua news agency.

Russia initially introduced a ban on the export of gasoline for six months on March 1, to offset the growth in domestic demand in spring and summer.

Two months later, the ban was "temporarily" lifted from mid-May to June 30.

Source: IANS