A meeting on fuel problems was held in the Kremlin, where the introduction of a ban on the export of diesel fuel and aviation kerosene was confirmed. Large oil companies have begun priority fuel deliveries to the regions. The measure is aimed at stabilizing the domestic market and preventing shortages.
Russian Energy Minister explained the introduction of a ban on diesel exports as necessary to increase domestic reserves and prevent market panic. The decision is aimed at ensuring priority fuel supplies to Russian regions. The measure was adopted amid the current situation on the domestic market, but the exact duration of the ban and the volume of restrictions have not been specified. It is expected that this will stabilize prices and availability of diesel for domestic consumers.
Major Russian oil companies, including Rosneft and Gazprom Neft, have begun priority fuel deliveries to regions to compensate for shortages. This decision is linked to the imposed ban on exports of diesel fuel and aviation kerosene. The measure is aimed at stabilizing the domestic market and ensuring regions have the necessary fuel.
In Russia, gasoline prices are rising due to increases in the Mineral Extraction Tax (MET) and the Excess Profit Tax (EPT), which account for about a third of the cost per liter. Excise duties and other taxes also affect the final fuel price for consumers. The growing tax burden on the oil industry is directly reflected in retail prices, increasing inflationary pressure on the economy.
The share of renewable energy sources (RES) in Russia's energy balance is about 1%, which is a low figure. Despite this, the country maintains the competitiveness of its energy projects. During the discussion of the "Green Energy Corridor," it was noted that Russia does not participate in the project to transport energy from Central Asia to Europe, which bypasses its territory.
State Corporation Rosatom has officially commissioned the first power unit with a VVER-TOI reactor at the Kursk NPP-2. The unit has become the most powerful in the company's fleet, confirming the successful implementation of the innovative toroidal reactor technology and strengthening Russia's position in the global nuclear power industry.
Australia has decided to start supplying uranium to India after 20 years of refusal. This uranium will be used exclusively for India's peaceful civilian nuclear energy program, which will be subject to international monitoring. The main objective is electricity generation, which will strengthen India's nuclear energy sector and make Australia a strategic partner of India.
During Prime Minister Narendra Modi's visit to Indonesia, an agreement was signed on minerals and technology to enhance cooperation in the energy sector. The agreement aims to strengthen bilateral partnership in renewable energy sources and related technologies, which will accelerate India's energy transition goals.
India and Australia have signed a strategic partnership agreement to strengthen uranium supply and civil nuclear energy cooperation. This deal will help enhance India's nuclear energy capacity and accelerate the clean energy transition. It will ensure a stable supply of uranium for India, which is essential for the operation and expansion of the country's nuclear reactors.
During Prime Minister Narendra Modi's visit to Australia, India and Australia have signed a uranium supply agreement. Under this agreement, uranium will be imported from Australia, which will be used only for peaceful purposes, i.e., electricity generation. Its monitoring will be done by the International Atomic Energy Agency (IAEA). This agreement is an important step towards strengthening India's nuclear energy sector and enhancing energy security.
The adoption of solar energy is accelerating in India, with over 4 million homes currently being illuminated by solar power. This is a significant achievement in directly delivering the benefits of clean energy to the people.
Rosatom CEO Alexei Likhachev stated that the corporation will decide within the next few hours on the return of Russian workers to the Bushehr nuclear plant in Iran following strikes on the facility. This decision is critically important for the continuation of Russia's participation in the project.
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