In the Kremlin commented on the situation with gasoline prices

© RIA Novosti / Alexander Krauledat in foobarcontroller petrol stationIn the Kremlin commented on the situation with gasoline prices© RIA Novosti / Alexander Krajevima the image Bank

The Kremlin is aware of the situation on the gasoline market, said the press Secretary of the head of state, Dmitry Peskov.

According to him, the issue must be addressed by the government. He noted that this topic is now actively engaged in the Cabinet — «we are taking very active, energetic measures.»

Custodial agreement

On the eve of Prime Minister Dmitry Medvedev commented on the increase in gasoline prices.

«I would like one important position to identify, <…> it concerns a huge number of people. I mean the prices of petroleum products. Despite the measures taken, still in many cases the rise in gasoline prices,» — said Medvedev.

In this regard he instructed the Ministry of energy and Kozak together with the oil companies to prepare and adopt a work plan and «custodial agreement» to maintain prices of petroleum products on the domestic market.

«Either literally in the next few days I’ll have to sign the decision on whether to enter prohibitive duties on oil and oil products to the market situation was more stable,» — said the Prime Minister.

«I beg in the coming two days to hold consultations and report», — concluded Medvedev.

The tense situation

Later, Kozak said that he had held talks with oil companies and discussed measures to stabilize domestic fuel prices without taking extra measures.

He noted that the situation is tense. According to the Vice Premier, it is necessary not only to ensure the saturation of the market with the necessary volume of fuel, but also to guarantee positive margins for independent gas stations.

«We need to lower wholesale prices. Winky (a vertically integrated oil company. — Approx. ed.) for its gas stations have the opportunity today to hold the prices at gas stations Vinca problems do not exist. But 60% of gas stations we have today is not owned by VIOCs, so you need to find a way out of this situation», — concluded the Deputy Prime Minister.

Gasoline prices

The fuel rose sharply in the spring. By mid-April the retail price of gasoline has exceeded 40 rubles, and by the beginning of June there were already 43 of the ruble. The government decided to reduce the excise tax on gasoline and diesel fuel, and agreed with the manufacturers fixing the prices at 30 may. However, according to Rosstat, in September, gasoline prices increased by ten percent compared to August.

Early next year the completion of the tax maneuver in the oil industry to curb domestic fuel prices. Thus the first Vice-Premier, Finance Minister Anton Siluanov and Minister of energy Alexander Novak said that the rise in gasoline prices in 2019 will remain within inflation.In the Kremlin commented on the situation with gasoline prices© RIA Novosti, Infografiken European countries on gasoline prices – 2018