[Peakoil] Russia halts petrol exports

[Michael Skeggs mike@bystander.net]

Note I think this has to do with refinery capacities to deliver refined
product domestically. I believe crude exports are unaffected.
It is an example of the Export Land Model at work, however.
Regards,
Michael Skeggs

On 1 May 2011 21:49, Keith Thomas <keith at evfit.com> wrote:

>
>
> *Russia halts petrol exports*
> http://www.rte.ie/news/2011/0428/oil-business.html
> *Staff, RTE News*
>
> ...Russia has decided to halt petrol exports and switch the flow to the
> home market to fight shortages and a price rise that is coinciding with
> rising voter discontent.
>
> The sudden announcement from the world's biggest oil producer came after
> Prime Minister Vladimir Putin ordered his government to tackle an issue
> that has been gaining increasing attention ahead of upcoming elections.
>
> Deputy Energy Ministry Sergei Kudryashov's comments suggested the ban
> would apply only for the month of May and then be followed by higher
> petrol export duties aimed at keeping most future sales within Russia.
>
> A spokesman for the country's biggest oil producer Rosneft later
> confirmed that the decision only applied to the upcoming month.
> The unexpected decision came after two dozen Russian regions reported
> shortages that were causing prices at the pump to jump by as much as 30%
> since the weekend....
>
> -----------------------------
> Keith Thomas
> www.evfit.com
> -----------------------------
>
> _______________________________________________
> Peakoil mailing list run by ACT Peak Oil Inc.
> You are subscribed as mike at bystander.net
> http://act-peakoil.org/cgi-bin/mailman/options/peakoil/mike%40bystander.net
>
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://act-peakoil.org/pipermail/peakoil/attachments/20110501/46f006aa/attachment.htm