MOSCOW, Aug. 14 (Xinhua) -- The Russian government has extended its ban on gasoline exports until Dec. 31, the Cabinet of Ministers said in a Telegram statement Wednesday.
The decision was made to maintain a stable situation in the fuel market during the period of ongoing seasonal demand and scheduled repairs carried out at oil refineries, according to the statement.
Russia initially introduced a ban on the export of gasoline from March 1 to Aug. 31 to offset the growth in domestic demand in spring and summer. The ban was temporarily lifted from mid-May to July 31 due to the saturation of the domestic market and to prevent a reduction in oil refining. ■
