Alexander Novak held a meeting of the headquarters on the situation on the domestic oil products market

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

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Deputy Prime Minister Alexander Novak held a meeting of the headquarters on the situation on the domestic oil products market with the participation of representatives of the Ministry of Energy, the Federal Antimonopoly Service, the Ministry of Agriculture, Russian Railways, heads of the St. Petersburg Stock Exchange, oil companies, and State Duma deputies.

The parties discussed the current situation on the oil products market during the period of increased summer demand, the terms of their sales on the St. Petersburg Exchange, as well as the supply of fuel to agricultural producers.

According to the Ministry of Energy, prices for diesel fuel and gasoline remain stable, within the inflation rate. Deliveries to agricultural producers during the harvesting campaign are going according to plan, all requests from farmers are being satisfied. A representative of the Federal Antimonopoly Service noted the need to increase gasoline supplies to exchange trading to ensure market balance.

Alexander Novak instructed the Ministry of Energy and the Federal Antimonopoly Service to assess the marginality of gas stations taking into account the mandatory costs of gas stations, and Russian Railways to solve the problem of empty wagons standing idle after unloading goods. This will help ensure timely loading and removal of petroleum products by oil companies to consumers. Oil companies have been instructed to promptly remove refineries from repairs and meet planned fuel production targets.

"We cannot allow a sharp increase in gasoline prices. I ask the Ministry of Energy, together with oil companies, to keep their finger on the pulse and manually balance the supply of fuel to the market in order to meet the increased demand of consumers in the summer and early autumn months. To do this, it is necessary to ensure its uniform sale on the exchange, and also not allow oil companies to purchase goods from each other on the exchange. They must purchase petroleum products under direct contracts," said Alexander Novak.

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