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Russia may limit number of oil product exporters

Tuesday, 25 July 2023 | 13:00

Russia is considering limiting the number of companies allowed to export oil products in a bid to curb illegal exports of fuel intended for the domestic market, the Energy Ministry said on Monday.

The Kommersant newspaper reported earlier that Russia was looking at creating a list of approved refiners to combat so-called “grey exports” of subsidised domestic fuel.
Source: Reuters (Reporting by Reuters; Editing by Kevin Liffey)

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