The Federal Antimonopoly service (FAS) called for the abolition of the moratorium on the import of fuel, which was introduced to support Russian oil companies and is valid until the beginning of October. At the same time, the FAS believe that the stabilization of the fuel market, where prices soared in the wholesale segment after release from quarantine should occur in the next two weeks.The FAS has suggested the government to discuss the lifting of the ban on the import of fuel or reducing the timing of the moratorium, which is currently approved before 1 Oct. As stated in an interview to “Interfax” the head of Department of regulation of fuel and energy complex and chemical industry FAS Armen Khanyan, the relevant agencies may submit proposals on this issue until July 15. “We has clarified his stance and I want to start a dialogue in this direction. You need to at least estimate the effect for the market. Perhaps the lifting of the ban no result and will not give. Technically, this not a quick process, and probably will be until all the treatments, the domestic production will cover the demand”,— noted the official. At the same time, he believes that the lifting of the moratorium on the import of fuel may provide necessary support to market.The ban on the import of petroleum products in Russia was for the first time in Russian history approved in late may and started to operate from June 2. Delivery in the Russian Federation were favorable, as oil prices have risen because of the peculiarities of the tax system: after the fall in oil prices on world markets, domestic producers have to pay the government to reverse the excise duty and the damper. The prohibition is effective on gasoline, diesel fuel, marine fuel and gas oils, but does not apply to the transit of oil products. “B” sent a request to the energy Ministry, which has not yet clarified its position.Further, as noted by Armen Khanyan, the FAS waits for no jumps in cost at the gas station, and the margin of retailers, whose revenues fell short compared to wholesale, according to the calculations of the regulator, will soon return to its previous level — 7-10 RUB per liter. Mr. Khanyan said that the last time stock prices for gasoline grow from-for sharply increased demand on the background of the abolition of the regime of self-isolation. While supply and demand are in a small gap, acknowledged the official, but the gap, in his opinion, will disappear in two weeks, with increasing download the Russian refineries. Due to the shortage of fuel, the average wholesale price of AI-95 at the refinery in the European part of Russia in June beat historical records, reaching almost 58 thousand rubles per ton.In addition, the FAS has proposed to raise the standards for the sale of fuel in exchange for oil companies: for gasoline — from 10% to 13-15% of production, diesel fuel from 6% to 9-10%. Now temporarily apply lower standards, introduced in late may amid falling demand for fuel due coronavirus: 5% for gasoline, 3% for diesel, 5% for air��of erosin and 2.5% for liquefied petroleum gas. The validity of these reduced standards will expire at the end of June, after which they will return to their previous level.Olga Matushenko
Austin Weather Forecast
22.5 ° C
Latest News & Headlines
Eintracht Frankfurt's European Cup win draws a lot of attention to the club - but that may not always please the club. Because Real...