Russia's fuel reserves are sufficient to fulfil domestic demand, TASS cites energy ministry

Reuters00:16

MOSCOW, Nov 27 (Reuters) - Russia's accumulated fuel reserves are sufficient to fulfil the needs of the domestic fuel market, the TASS state news agency cited the energy ministry as saying on Wednesday.

Russia may lift its ban on gasoline exports from refineries for two months - from Dec. 1 to Jan. 31, the Kommersant daily reported on Wednesday, citing sources.

Deputy Prime Minister Alexander Novak told reporters last week that Russia was preparing to lift the ban and the necessary paperwork would be ready in near future. Russia extended gasoline export restrictions until the end of the year in August.

(Reporting by Reuters; Writing by Lucy Papachristou;Editing by Elaine Hardcastle)

((Lucy.Papachristou@thomsonreuters.com;))

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