damper for gasoline in August may grow by 46% – Kommersant
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The gasoline damper in Russia in August may be the largest since March 2022, according to Reuters calculations. The damper for this type of fuel may increase by 46% compared to the July value, up to 39.690 thousand rubles. for 1 ton. The damper for diesel fuel can increase by 55%, up to 33.420 thousand rubles. for 1 ton
The calculation is based on the average values of the corresponding world quotations and the ruble exchange rate for the period from 1 to 21 August with extrapolation of the latest values until the end of the month.
The domestic market is expected to receive 3.3 million tons and 4.5 million tons of gasoline and diesel fuel in August, Reuters reports. Based on this, the total amount of tax compensation to oil workers in August may increase by 95 billion rubles compared to July. (+52%) and exceed 280 billion rubles. In this case, budget subsidies will be the second largest in history. The record is held by payments for the March 2022 damper, which amounted to 450 billion rubles, the agency recalls.
From September 1 until the end of 2026, payments to fuel suppliers will be reduced by 50%. In addition, the adopted norms set the indicative price of gasoline in the domestic market for calculating the damper for 2026 at the level of 67.3 thousand rubles. per 1 ton (in 2025 – 60.45 thousand per 1 ton). For a diesel engine, these figures will amount to 58.95 thousand rubles. per ton and 57.2 thousand per ton, respectively.
The damper began to operate in 2019. It protects the domestic fuel market from rising prices for petroleum products on world markets. In 2022, damper payments exceeded RUB 2 trillion.
In April, a Kommersant source reported that payments for the damper planned reduce by 200 billion rubles. until the end of 2023. Against the backdrop of media reports about the plans of the Ministry of Finance to reduce damper payments to oil workers, stock prices for gasoline in Russia reached their highest level since the beginning of the conflict in Ukraine.
Then Reuters calculated that oil companies could receive 115 billion rubles for the April fuel supplies to the domestic market. compensation against 120 billion rubles. in March.
Read more in the publication of the Oil and Gas appendix “The damper was melting before our eyes”.
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