Russian authorities study the expediency of increasing the value of selling fuel on the stock exchange for one percent, while the situation continues to monitor the situation, the Cabinet press release says. It is reported by RIA Novosti.
“In terms of motor fuels, it was decided to continue monitoring the situation in the fuel market, including in its exchange link, to consider the feasibility of further increase in the exchange standards for gasoline and diesel fuel for one percent for each of their types,” says Message.
The Ministry of Energy and the Federal Antimonopoly Service (FAS) in August recommended to temporarily increase the third quarter sales of gasoline and diesel fuel through the stock exchange for one percentage point, up to 12 percent and 8.5 percent of their production volume, respectively. However, the changes about this in the joint order were never made. Now sales standards on the stock exchange are 11 percent of the volume of gasoline produced and 7.5 percent – diesel fuel.
Vice-Prime Minister Alexander Novak held a fuel market meeting with the participation of the Minister of Economic Development Maxim Reshestnikov, heads of FAS Maxim Shashlysky, representatives of the Ministry of Energy, Ministry of Finance, oil companies – fuel producers, as well as profile fuel associations of the market.