Cyprus News Agency

According to CCTV, Deputy Prime Minister Novak instructed the Ministry of Energy to prepare a government decree banning natural gas exports starting from April 1, 2026.

The ban, scheduled to begin on April 1, is expected to last until July 31.

In a statement following a domestic fuel market meeting chaired by Novak, it was noted that the move aims to stabilize prices and ensure priority supply to the domestic market.

The meeting also highlighted the target set by Russian President Vladimir Putin that fuel price increases in the domestic market should not exceed projected levels.

The statement said that fluctuations in global oil and petroleum product markets due to the crisis in the Middle East have caused significant price volatility.

Novak also noted that, despite this, external demand for Russian energy resources remains strong, which is a positive factor.