Putin signed amendments simplifying the import of gasoline. Russian… (бензин · топливо · рынок)
Putin signed amendments simplifying the import of gasoline. 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
- Vladimir Putin signed amendments to the Tax Code of Russia
- The amendments aim to support the domestic fuel market
- Blending straight-run gasoline with other components is allowed for high-octane fuel production
- Damping payments are provided for both producers and importers of fuel under certain conditions
- Modernity agreements with major refineries have been extended until December 31, 2026
- The changes apply to relationships arising from June 1, 2026, except for refinery modernization which applies retroactively from January 1, 2026
Points of divergence
- Demographic payments are extended to fuel imported from abroad for sale in Russia and calculated using Indian market quotations — thebell
- The government will determine the types of fuel permitted on the Russian market — tvrain
- Three months are allocated to confirm that high-octane fuel was produced by blending straight-run gasoline, and documents must be submitted within this period for excise duty deductions — vedomosti
- Excise duty is levied on gasoline made through mixing with other components, which is treated as production; taxpayers with processing certificates can claim excise duty refunds — kommersant
- The government will determine the types of fuel allowed in circulation in Russia — vesti
- Refineries that signed modernization agreements have their contract fulfillment deadline extended from January 1 to December 31, 2026; investment thresholds increased from 60 billion to 100 billion rubles — fontanka
- The government will determine the types of fuel allowed in circulation in Russia and provide tax mechanisms for producers including excise duty refunds and damping payments — vm
Coverage (7 sources)
- Putin signs amendments simplifying gasoline imports — The Bell
- Putin signs law aimed at supporting the Russian oil industry — Дождь
- Putin signs law stimulating gasoline supply to the domestic market — Ведомости
- Putin signs law on tax amendments to support the fuel market — Коммерсантъ
- Putin signs law on measures to support the fuel and oil refining market — Вести
- Putin Makes Changes to the Tax Code to Ensure an Internal Market for Gasoline — Фонтанка
- Putin signs law to ensure domestic fuel supply — Вечерняя Москва