in May, the damper for diesel fuel in Russia fell by 35%, for gasoline – by 15% – Kommersant

in May, the damper for diesel fuel in Russia fell by 35%, for gasoline - by 15% - Kommersant

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The value of the damping allowance for motor gasoline at the end of May 2023 decreased by 2.34 rubles, to 13.2 rubles. per ton. Relative to the April values, the indicator decreased by 15.1%. The surcharge for diesel fuel fell by 5 rubles to 9.12 rubles. per tonne (-35.4%), follows from Reuters calculations.

The state subsidy allocated to oil refiners for the supply of gasoline and diesel fuel to the domestic market decreased last month as a result of a fall in world quotations by 6.5% and 9.9%, respectively, the agency notes.

According to Reuters estimates, 3.1 million tons of gasoline and 4.3 million tons of diesel fuel will be supplied to the Russian domestic market in May. Taking into account these data, the amount of tax compensation to oil refiners may decrease to 80 billion rubles. from 105 billion rubles. for April deliveries.

In total, for the supply of gasoline and diesel fuel to the Russian market in the period from the beginning of January to the end of May, oil companies should receive about 500 billion rubles. against 1.197 trillion rubles. for shipments in January-May 2022.

The Russian authorities cannot make a final decision on the revision of budget subsidies for oil refining. Despite the desire of the Ministry of Finance to halve the damper payment from July, the government in May did not agree on the relevant bill and did not submit it to the State Duma, which automatically shifts the date of its entry into force until at least August 1. According to preliminary estimates of a Kommersant source in the industry, the total payments for May on the damper could amount to about 75 billion rubles.

More details – in the publication “Kommersant” “Oil production is growing”.

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