Date: 6 months ago   Category: Energy

Lukoil has supported the agreement on stabilization of the Russian market of oil products — Rambler News Service


Lukoil supports the agreement of the Government of the Russian Federation with the oil companies and independent oil refineries on stabilization of the Russian market of oil products, it is said in the statement of the company. "Lukoil has joined the agreement between the Government of the Russian Federation and the oil companies on measures for stabilization of a situation in the fuel market. Following the recommendations of the Ministry of Energy and FAS Russia, since November 1, 2018 the company changes production strike prices small wholesale in regions of the responsibility", - it is said in the statement. Earlier, on October 31, the Deputy Prime Minister of the Russian Federation Dmitry Kozak has reported that the government has agreed with the vertically integrated oil companies (VIOC) and independent oil refineries about freezing of petrol prices and diesel fuel until the end of 2018. According to him, the relevant agreement provides obligations of the companies for supply of fuel to the market at the level of last year plus 3%. At the same time wholesale prices for oil products are fixed at the level of June of the current year. The Minister of Energy of the Russian Federation Alexander Novak has explained that fixing of wholesale prices will allow to support retail prices for gas station. According to Kozak, the agreement will be signed in the nearest future and will work till March 31, 2019.

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