The Serbian government has decided to extend the fuel export ban until April 2nd and release additional diesel fuel from reserves. The aim is to limit price increases, according to Serbian Minister of Mining and Energy Dubravka Džedović-Handanović.
„The ban applies to the export of diesel fuel, gasoline and crude oil from all modes of transport, and we have extended it as one of the measures to protect citizens and the economy from the continued sharp rise in global oil prices. "In addition, as an additional measure to protect the market, we have decided to release 40,000 tons of diesel fuel from reserves, which will be implemented in the coming days," the minister was quoted as saying by Radio Television Serbia.
On March 9, the Serbian government decided to temporarily ban the export of crude oil and all petroleum products used as motor fuel in order to prevent shortages and price increases on the domestic market. The measure is temporary and was initially planned to last until March 19.