Russian authorities came up with a new way to reduce gasoline prices. Profile Deputy Prime Minister Alexander Novak at a meeting with representatives of oil companies offered to temporarily restrict access to the fuel exchange of professional traders. The officials of the official are given on the government website.
“I consider it appropriate to take action on the donoyake of exchange trading. In particular, we can talk about the temporary ban on the sale of fuel not by manufacturers, prohibiting the purchase of fuel affiliated with vertically integrated oil companies and restriction of limit growth inside the trading session,” said Novak .
Also, the Deputy Prime Minister instructed the Ministry of Energy to adjust the repair schedule for oil refineries (refinery) in order to “provide market balance in the summer.”
At the same time Novak noted that the government is not yet going to introduce more radical measures, such as a ban on gasoline exports. However, they can be applied at any time in case of deterioration of the situation.
In early August, stock prices for gasoline AI-92 at the St. Petersburg International Commodity Exchange several times reached record values, reaching 57.6 thousand rubles per ton.