Russia: Low-ecology fuel share to stay under 10%
Russian Deputy Prime Minister Alexander Novak stated that the share of fuel with an ecological standard lower than 'Euro-5' on the Russian market will remain negligible and will not exceed 10%.
Consensus
- The share of fuel with ecological standards below Euro-5 on the Russian market will remain insignificant and not exceed 10%.
- Major vertically integrated oil companies do not plan to produce fuel classes K-2, K-3, or K-4 (Euro-2, Euro-3, Euro-4).
- The government has permitted the production, import, and sale of K-2, K-3, and K-4 fuel until July 1, 2027.
- The purpose of allowing lower-class fuel is to ensure reliable fuel supply and prevent shortages during emergencies.
- The volume of low-ecological-class fuel will serve as a backup option to cover potential shortages.
Points of divergence
- The government plans to balance the market through fuel imports, with volumes varying based on needs. — kommersant
- Novak previously stated that gas stations must inform customers about the fuel class in an accessible manner. — vesti
Coverage (3 sources)
- Novak: major oil business is not planning to produce low-ecological-class fuel — Коммерсантъ
- The share of low ecological class gasoline in Russia will not exceed 10% — Вести
- Novak: major oil companies are not planning to produce fuel below Euro-5 class — Вести