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Alexander Novak directs oil companies to boost fuel supplies for Russian regions

Russian Deputy Prime Minister Alexander Novak has directed oil companies to ramp up fuel supplies in Irkutsk and Trans-Baikal Regions in response to a 20-30% rise in domestic demand. To tackle fuel shortages, he suggested implementing a temporary ban on diesel exports, aiming to restore reserves and stabilize local markets.

BRIC Team
BRIC Team
Jul 3, 2026 · 1 min read · 1 views
Alexander Novak directs oil companies to boost fuel supplies for Russian regions

Key Takeaways

  • •Fuel demand in the Irkutsk and Trans-Baikal Regions has surged by approximately 20-30%, prompting urgent action from officials.
  • •Deputy Prime Minister Alexander Novak has directed oil companies to boost supplies to stabilize local markets amidst rising demand.
  • •Novak indicated that a temporary ban on diesel exports may be necessary to replenish domestic reserves.
  • •Regional leaders reported on their efforts to manage fuel stocks during a cabinet meeting focused on the fuel market situation.
  • •The Energy Ministry has been tasked with formulating strategies to address fuel shortages in vulnerable areas across Russia.

With fuel demand surging across country, Deputy Prime Minister led a meeting that pushed for better distribution. Talks pointed out regional troubles,especially where shortages are biting hard and need quick fixes .

Regional reports show efforts underway to fix stock and distribution woes. Deputy PM called for fast action, telling energy firms to stabilize supply chains. Situation's urgent . Demand has jumped 20-30%,mostly due to more buying.

Earlier,Deputy PM tasked Energy Ministry and key players with crafting solid plans for hardest-hit areas. He assured there's enough fuel overall but noted it's tough to tweak supply routes for rising demand.

To ease current problems, Deputy PM suggested maybe temporarily cutting diesel exports. This move's meant to boost domestic reserves and keep regions supplied in coming months…

#Business & Economy#Oil & gas industry

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