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Russia has no plans to lift restrictions on fuel exports right now - RIA cites Novak

November 03, 2023 at 01:21 am EDT

MOSCOW (Reuters) - Russia had no plans to lift restrictions on exports of fuel in the near future and easing the export limits will be possible only when the volumes have nowhere else to go, Deputy Prime Minister Alexander Novak was quoted as saying by RIA on Friday.

The Russian government introduced the ban in September and later partially softened it by lifting restrictions on pipeline diesel supplies.

(Reporting by Reuters; editing by Guy Faulconbridge)

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Alexander Novak

Alexander Valentinovich Novak is the Deputy Prime Minister of Russia. Presently, he is Chairman at Transneft PJSC and Chairman of ROSSETI PJSC. Mr. Novak is also on the board of 5 other companies. In his past career he occupied the position of Deputy Governor at Province of Krasnoyarsk and Deputy Director-Personnel & Head-Polar Division at Norilsk Mining & Metallurgical Combine Named After Zavenyagin. He received an undergraduate degree from Norilsk State Industrial Institute and an undergraduate degree from Moscow State University Lomonosov.

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