Russia's Novak says no need for diesel export ban

Reuters03-29

MOSCOW, March 29 (Reuters) - Russian Deputy Prime Minister Alexander Novak said on Friday that there is no need for the country to ban exports of diesel to tackle rising prices and possible shortages of the fuel after drone attacks reduced refining capacity.

Speaking to reporters, Novak also said, without elaborating, that the Novatek-led Arctic LNG 2 project, which started tentative production in December, remains in talks about liquefied natural gas $(LNG)$ deliveries as Western sanctions hinder the availability of tankers for the project.

(Reporting by Olesya Astakhova; writing by Vladimir Soldatkin; Editing by Kirsten Donovan)

((vladimir.soldatkin@thomsonreuters.com; twitter: @vsoldatkin;))

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