Russia's fuel shortage problem is under control, but a temporary ban on gasoline exports could be put in place, the country's energy ministry said Thursday.

"The situation with regard to gasoline and diesel fuel is under control," the ministry said in a statement.

The comment followed a meeting between acting Energy Minister Sergei Kudryashov, heads of Russian oil companies and officials from Russian regions to discuss a looming fuel shortage in some parts of the country.

Earlier Thursday, Kudryashov was quoted by parts of the Russian media as saying oil companies will halt exports of oil products in May.

"Such measures are only being discussed in relation to gasoline," the ministry said.

The ministry said current stocks of fuel are enough to last for up to three weeks, depending on the region.

-By Jacob Gronholt-Pedersen, Dow Jones Newswires; +7 495 232-9197, jacob.pedersen@dowjones.com

 
 
Surgutneftegas PJSC (CE) (USOTC:SGTZY)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Surgutneftegas PJSC (CE) Charts.
Surgutneftegas PJSC (CE) (USOTC:SGTZY)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Surgutneftegas PJSC (CE) Charts.