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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
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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)

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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.

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