Mishustin called providing fuel to Russian consumers a priority
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The priority for the Russian government in the matter of stabilizing fuel prices is to provide Russian consumers with stated Prime Minister Mikhail Mishustin at a meeting with deputy prime ministers.
“Here it is absolutely obvious that the priority in our decisions should remain the same – this is providing for Russian consumers. All further steps must be taken depending on the saturation of our domestic market at reasonable prices,” the government press service quotes him as saying.
Mishustin also instructed Deputy Prime Minister Alexander Novak and the Ministry of Energy to monitor the situation with fuel prices.
On September 21, the government introduced a complete indefinite (“until the situation stabilizes”) ban on the export of diesel fuel and gasoline. However, on October 6th they were adopted additional measuresamong which is the removal of restrictions on the export of diesel delivered to seaports by pipeline, provided that the company supplies at least 50% of the fuel produced to the domestic market.
In addition, the Cabinet of Ministers decided to restore the fuel damper, increase the share of diesel sales on the exchange from 9.5 to 12.5%, and class 5 gasoline from 13 to 15%, and also introduce a protective duty on petroleum products in the amount of 50,000 rubles . per ton for suppliers who buy products for resale.
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