Novak called the launch of Euro-3 gasoline a temporary measure. In…
Novak called the launch of Euro-3 gasoline a temporary measure. In Russia, sales of Euro-3 fuel will be discontinued, Vice-Premier Alexander Novak announced.
Consensus
- The Russian government has temporarily allowed the production and sale of Euro-3 gasoline.
- This decision is intended to address domestic fuel shortages and ensure market supply.
- Russia plans to return to producing only Euro-5 fuel in the future.
- There are sufficient production capacities in Russia for full-scale Euro-5 output.
- The temporary measure applies to specific refineries that signed agreements with the Ministry of Energy to modernize by June 1, 2019.
- Export restrictions on gasoline remain in place until the end of 2026.
- Diesel export restrictions were also imposed and will be lifted as market conditions improve.
Points of divergence
- The ban on diesel exports was announced to be lifted 'as market recovery occurs', while the gasoline export ban is extended until the end of 2026. — vm
- A government decree reduced the mandatory share of Euro-5 fuel sales on exchange from 15% to 10% until September 30, 2026. — vedomosti
- The government allowed certain refineries to operate with Euro-3 standards until the end of the year in mid-June. — vesti
- No specific timeline was given for returning to full Euro-5 production, and the statement was made during an interview with a journalist from Life. — kommersant
Coverage (5 sources)
- Novak calls the release of Euro-3 gasoline a temporary measure — Ведомости
- Novak calls the release of Euro-3 gasoline a temporary measure — Вечерняя Москва
- Novak notes that the decision to produce 'Euro-3' gasoline is temporary — Вести
- Novak calls the decision to produce Euro-3 gasoline instead of Euro-5 temporary — Коммерсантъ
- Russia to stop selling Euro-3 gasoline, Vice Premier Alexander Novak says — Первый Московский
Key entities
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