fuel · market · petrol (бензин · рынок · топливо)
New regulations will take effect on the day of publication. Russian President Vladimir Putin signed a law on Saturday, July 4, aimed at ensuring the domestic market with automotive gasoline and diesel fuel, as well as supporting Russian oil refineries.
Consensus
- President Vladimir Putin signed a federal law amending part two of the Tax Code of the Russian Federation
- The law aims to ensure domestic fuel supply and support oil refining plants
- Changes include tax adjustments for gasoline produced by blending straight-run gasoline with other components
- The government will determine which types of fuel are allowed on the Russian market
- New rules apply to rights relationships arising from June 1, 2026, with some provisions effective January 1, 2026
Points of divergence
- The law includes a mechanism for extending the deadline for fulfilling conditions of investment contracts for oil refineries that have signed agreements to modernize capacity, from January 1 to December 31, 2026 — fontanka
- Taxpayers with a certificate of oil processing will be able to receive an excise duty credit when producing gasoline by blending — komersant
- The minimum investment volume has been increased from 60 billion to 100 billion rubles for refineries modernizing their capacities — fontanka
- For imported gasoline, updated rules have been established for calculating compensation payments — vm
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