Russia

Russia's domestic market fully supplied with fuel, disruptions are localized — Novak

TASS English · 2026-07-01

AI SUMMARY

• What happened: Russian Deputy Prime Minister Alexander Novak announced that the domestic market is fully supplied with gasoline and diesel fuel, despite localized disruptions at some gas stations due to logistical adjustments in deliveries from refineries. • Why it matters: The assurance of fuel supply is crucial for maintaining stability in the domestic market, especially as some refineries undergo maintenance and demand has surged by 20-30%. Novak emphasized the importance of accumulated fuel reserves to address any shortages. • What to watch next: Monitor potential government actions, such as a possible ban on diesel exports, aimed at further stabilizing the domestic market and the ongoing adjustments in logistics to meet fuel demand.

Russia's domestic market fully supplied with fuel, disruptions are localized — Novak According to the official, shortages and disruptions at individual gas stations occur primarily due to logistical adjustments in deliveries from refineriesST. PETERSBURG, July 1. /TASS/. Russia's domestic market is fully supplied with gasoline and diesel fuel despite localized disruptions at certain gas stations, Russian Deputy Prime Minister Alexander Novak said at the Financial Congress. "Despite the fact that a number of refineries are currently undergoing maintenance and everything is being done to maximize additional production capacities, overall, our domestic market is supplied with both gasoline and diesel fuel," he said. "Currently, we are seeing shortages and disruptions at individual gas stations on the domestic market, primarily due to logistical adjustments in deliveries from refineries to specific oil depots and service stations. These are quickly resolved. We are working on a daily basis with our oil companies to address any issues that occasionally arise," Novak emphasized. According to him, the country has deliberately accumulated fuel reserves so that they can be used to stabilize the market during periods of localized disruptions. Novak previously told TASS that Russia had accumulated sufficient fuel volumes to supply the domestic market, but a surge in buying had led to a 20-30% increase in demand. However, he added, "the system's logistics links are currently being restructured to meet needs," and this will take some time. He also stated that a ban on diesel exports for producers could be introduced "to further saturate the domestic market.". 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Source: TASS English
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