Rosneft Chief Urges Putin to Mandate 30% Domestic Refining as Russia Weighs Diesel Export Ban
Updated
Updated · OilPrice.com · Jun 24
Rosneft Chief Urges Putin to Mandate 30% Domestic Refining as Russia Weighs Diesel Export Ban
2 articles · Updated · OilPrice.com · Jun 24
Summary
Igor Sechin told Vladimir Putin that Russian oil companies should be required to refine at least 30% of their crude at home to ease a worsening fuel crunch, Kommersant reported.
The proposal, sent in a late-May letter, also calls for temporarily removing resellers from fuel sales; Putin asked Deputy Prime Minister Alexander Novak to review which measures can be implemented.
Russia’s shortages deepened in May as demand rose and refinery output fell under repeated Ukrainian drone strikes on refineries and fuel supply routes, including links to occupied Crimea and Mariupol.
Authorities have already loosened fuel-quality rules, banned jet fuel exports through Nov. 30, 2026, and are considering a full diesel export ban as several regions and occupied Crimea face severe shortages.