Export bans on gasoline and aviation kerosene are now in effect.… (бензин · топливо · прямогонный)
Export bans on gasoline and aviation kerosene are now in effect. Rectified gasoline, which will be used to produce automotive gasoline through blending, will be accounted for in the volumes of produced gasoline. Excise tax on the cost of rectified gasoline will not be included.
Consensus
- The Russian State Duma approved a law to support the domestic fuel market and oil refineries
- The law allows blending straight-run gasoline with other components for high-octane gasoline production
- Tax breaks are provided for fuel production and import
- Modernization agreements for oil refineries investing over 100 billion rubles will be extended until the end of 2026
- The law takes effect on June 1, 2026, with some provisions having retroactive effect from January 1, 2026
Points of divergence
- The government will determine which types of fuel are allowed on the domestic market — m24
- The government will determine the tariff for import from non-EAEU countries based on the indicative price of AI-92 in India and delivery costs — m24
- The government will determine the tariff for import from EAEU countries at 0.9 — m24
- The government will determine the share of straight-run gasoline production based on each tax period — m24
- The government is considering a complete ban on diesel fuel exports — m24
- The government has taken special control over the fuel situation since late May — m24
- The Federal Antimonopoly Service (FAS) ordered regional offices to strengthen control over fuel sales in small wholesale, at gas stations, and for the agricultural sector — m24
- The tax break compensates oil companies for the difference between low domestic regulated prices and high export prices — fontanka
Coverage (2 sources)
- The State Duma has passed a law to ensure the domestic gasoline market and support oil refineries — Москва 24
- State Duma Committee Approved Tax Incentives for Gasoline and Affected Oil Refineries — Фонтанка