Deputy Prime Minister Novak announced a reduction in fuel prices for farmers – Kommersant

Deputy Prime Minister Novak announced a reduction in fuel prices for farmers - Kommersant

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Russian Deputy Prime Minister Alexander Novak said that the actions of the authorities, as well as the decline in exchange prices for petroleum products, led to cheaper gasoline and diesel fuel in the small wholesale market, including for domestic agricultural producers.

“The government has taken extraordinary measures. Prices on the stock exchange fell sharply for diesel fuel and gasoline from 16% to 20%, this, in turn. today it is already translated into prices for consumers in the small wholesale segment, including producers of agricultural goods. We monitor this constantly,”— reported Deputy Prime Minister to VGTRK journalist Pavel Zarubin.

According to him, a temporary ban on fuel exports was a correct and necessary measure, the duration of which has not yet been determined. The Deputy Prime Minister recalled that measures were taken to stabilize fuel prices on the domestic market.

September 21 government banned export gasoline and diesel fuel. An exception is exports to the EAEU countries according to indicative balances or protocols, according to intergovernmental agreements. The decision was made after a long period of rising wholesale prices for petroleum products and a subsequent increase in retail prices by the Russian government. By information Head of the Ministry of Energy of the Russian Federation Nikolai Shulginov, a quick lifting of the fuel export ban should not be expected.

On September 27, Russian President Vladimir Putin during a government meeting offered regulate the fuel market by analogy with the fertilizer market: allow exports only after filling the domestic market. He noted that, despite the decline in wholesale prices, the cost of gasoline at retail is rising. Mr. Novak then proposed increasing the duty on petroleum products for resellers (those who do not produce fuel) from 20 thousand to 50 thousand rubles. or completely ban the export of petroleum products that were purchased on the market.

Read more about the situation in the Kommersant publication. “Internal combustion fuel”.

Alexander Kislov

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