...
...
Next Story

India extends restrictions on petrol, diesel exports to ensure domestic availability

The government had imposed the curbs on gasoline and gasoil exports through Friday's end of the financial year.

Published on: Apr 02, 2023 12:28 PM IST
Advertisement

India has extended restrictions on the export of diesel and gasoline, the government said in a notification, as New Delhi tries to ensure the availability of refined fuels for the domestic market.

The extension may discourage some Indian refiners, mainly private companies. (Representational Image)
The extension may discourage some Indian refiners, mainly private companies. (Representational Image)

Also Read | Oil companies breathe easy as global prices dip

The government had imposed the curbs on gasoline and gasoil exports through Friday's end of the financial year.

The extension may discourage some Indian refiners, mainly private companies, from buying Russian fuel for re-exports to countries including those in Europe that have stopped purchases of refined products from Russia due to its invasion of Ukraine.

 
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe