Power and oilers will sign an agreement on stabilization of the fuel market

© RIA Novosti / Vitaly to Timepiece in fotosannette the machine-rocking. Archival photoPower and oilers will sign an agreement on stabilization of the fuel market© RIA Novosti / Vitaly to Timepiece the image Bank

The agreement on the stabilization of the situation on the fuel market of the Russian Federation between the Ministry of energy, the Federal Antimonopoly service (FAS) of Russia and oil companies should be signed until November 7, the Cabinet has the right to apply the system measures the stabilization of the fuel market, if the parties to the agreement to depart from its signing or will violate the provisions of the agreements follows from the minutes of the meeting Vice-Premier of Russia Dmitry Kozak.

As noted in the document, which is available to RIA Novosti, the Ministry of energy and the FAS had until 1 November to complete and submit to the government a draft agreement between these authorities and manufacturers of oil products in the Russian Federation on measures for the stabilization and development of the internal market of petroleum products. In addition, there should be prepared a draft decree of the government of the Russian Federation on the conclusion of the aforementioned agreements.

«The energy Ministry, the Federal Antimonopoly service of the Russian Federation until November 7, 2018, together with JSC «NK Rosneft», PJSC «Gazprom», PJSC «Surgutneftegas», JSC «NK «RussNeft», JSC «Gazprom Neft», JSC «New thread», JSC «Neftegazkholding», PJSC «LUKOIL», OJSC «TAIF-NK» and JSC «Tatneft» to ensure the signing of agreements», — stated in the Protocol.

Also, the energy Ministry and FAS, in case of evasion of any oil companies from signing agreements and (or) violation of the obligations in the period until 9 November to submit to the government proposals on the application of the system of measures of stabilization of the domestic oil market, to the document. In addition, the Ministry of energy and Antimonopoly Agency is mandated to provide daily monitoring of the implementation of the agreement.

«About all cases of revealing of infringement of obligations and the measures taken for their elimination immediately report to the government of the Russian Federation and to inform all entities. In case of failure of any economic entity requirements about elimination of the violations not later than within three days, submit to the government of the Russian Federation proposals on the application of the system of measures to stabilize domestic market of oil products», — stated in the document.

The Ministry of energy, FAS, oil companies and independent oil refinery on October 31 agreed on measures to stabilize prices in the fuel market, agreeing on the level of supply of petroleum products to large and small wholesale at fixed volumes and prices.

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