As predicted, the government demanded that the oil does not raise the price of fuel before the presidential election. About the price freeze announced Energy Minister Sergei Shmatko. Now oil reserves are high and the reasons for their rise in price in any case not, the authorities have decided to err, strongly recommending that companies not to increase fuel exports.
Ministry of Energy has agreed with the oil companies to freeze retail prices of petroleum products, the Minister Sergei Shmatko during a conference call with regional authorities, dedicated to the passing of winter. "Despite the increase of excise duties in January 2012, we have an agreement in principle with the oil companies by market participants about neroste fuel energy prices, including fuel-retail," - said Mr. Shmatko.
The Minister noted that the Energy Ministry will monitor the prices, "so that they remain at the refinery, as well as in regions ENGOs (petroleum products company) at December last year." The minister also called on regional authorities to monitor retail prices in the independent segment of the retail market. "Now it is important to carefully look at how independent gas stations realize this arrangement given the fact that we keep on Napcod stable price level", - said Sergey Shmatko.
In the statement of the oil companies refused to comment. However, the sources of "b" says that it is not so much about the agreement as a direct indication of the ministry to keep prices in the wholesale and retail link to the presidential elections in March this year.
According to "Kommersant" the head of the Russian Fuel Union Eugene Arkusha on the market today have accumulated substantial reserves of motor fuel in the near future shortages and price increases in any case is not threatened. According to the Ministry of Energy, in January 2012 compared to the same period in 2011 significantly increased the supply of gasoline to the domestic market: A-92 at 11.2%, A-95 at 17.6%. The total reserves of gasoline at tank farms and refineries on January 18, 2012 totaled 1.349 million tons, up 21.4% more than in January 2011.
Ministry of Energy also notes the stability of diesel fuel and jet fuel market. Such data are the Ministry of Energy on Thursday at a meeting of staff to monitor the oil market. On condition of anonymity, told the meeting that the March election at the meeting were not mentioned, but representatives of the Ministry of Energy made it clear to companies that they should not increase the export of petroleum products, despite their abundance in the domestic market. If this recommendation is implemented, the wholesale and retail prices will be stable and without any special arrangements.
Ministry of Energy has agreed with the oil companies to freeze retail prices of petroleum products, the Minister Sergei Shmatko during a conference call with regional authorities, dedicated to the passing of winter. "Despite the increase of excise duties in January 2012, we have an agreement in principle with the oil companies by market participants about neroste fuel energy prices, including fuel-retail," - said Mr. Shmatko.
The Minister noted that the Energy Ministry will monitor the prices, "so that they remain at the refinery, as well as in regions ENGOs (petroleum products company) at December last year." The minister also called on regional authorities to monitor retail prices in the independent segment of the retail market. "Now it is important to carefully look at how independent gas stations realize this arrangement given the fact that we keep on Napcod stable price level", - said Sergey Shmatko.
In the statement of the oil companies refused to comment. However, the sources of "b" says that it is not so much about the agreement as a direct indication of the ministry to keep prices in the wholesale and retail link to the presidential elections in March this year.
According to "Kommersant" the head of the Russian Fuel Union Eugene Arkusha on the market today have accumulated substantial reserves of motor fuel in the near future shortages and price increases in any case is not threatened. According to the Ministry of Energy, in January 2012 compared to the same period in 2011 significantly increased the supply of gasoline to the domestic market: A-92 at 11.2%, A-95 at 17.6%. The total reserves of gasoline at tank farms and refineries on January 18, 2012 totaled 1.349 million tons, up 21.4% more than in January 2011.
Ministry of Energy also notes the stability of diesel fuel and jet fuel market. Such data are the Ministry of Energy on Thursday at a meeting of staff to monitor the oil market. On condition of anonymity, told the meeting that the March election at the meeting were not mentioned, but representatives of the Ministry of Energy made it clear to companies that they should not increase the export of petroleum products, despite their abundance in the domestic market. If this recommendation is implemented, the wholesale and retail prices will be stable and without any special arrangements.
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