Date: 3 months ago   Category: Energy

Russneft has signed the agreement on fuel market stabilization — Rambler News Service


Photo: ITAR-TASS Russneft has signed the agreement between the Government of the Russian Federation and the oil companies on fuel market stabilization, RNS in the company have reported. "Russneft Oil Company of Mikhail Gutseriev the agreement has signed (on stabilization of the prices)" — have noted in the company, answering an appropriate question. 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. 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 explained that fixing of wholesale prices will allow to support retail prices for gas station.

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