Russian Deputy Prime Minister Alexander Novak has instructed to set quotas for the export of petroleum products. Web site Government of the Russian Federation.
Novak held a meeting on the situation in the oil products market, attended by representatives of oil companies and government officials. At the meeting, tools for stabilizing the supply of automotive fuel to the domestic market and preventing its shortage were discussed.
The Deputy Prime Minister has instructed oil companies to respect the priority of gasoline supply to the domestic market. Moreover, this priority should be observed even when exports seem more profitable, so as not to derive immediate benefits at the expense of Russian fuel consumers.
According to the report, the Ministry of Energy, together with the Federal Antimonopoly Service, will have to take measures to prevent gray exports of petroleum products and report the results of their work to the government.
Novak, Federal Antimonopoly Service’s St. He supported the proposal to increase the minimum sales volume of gasoline to 13% of the production volume on the St. Petersburg International Commodity Exchange, and also instructed to discuss the possibility of further raising the standards in the market situation. gets worse. The Deputy Prime Minister also instructed the review of quotas for oil companies’ exports of petroleum products.
Previously reportedAccording to the results of April this year, Russia reduced its oil production volume in the domestic market by 100 thousand barrels per day (v/day) to 9.6 million barrels/day. In March, this figure was 9.7 million barrels/day.
Previously recognizedIn which scenario will world oil prices drop to $50 per barrel?