The Ministry of Regional Development noted positive dynamics in the…
The Ministry of Regional Development noted positive dynamics in the supply of petroleum products under the Northern Delivery Program during a meeting with Russian Deputy Prime Minister Alexander Novak on the situation in the domestic fuel market, according to a government press release.
Consensus
- A meeting was held under the leadership of Russian Vice Prime Minister Alexander Novak to discuss the internal fuel market situation.
- There has been positive progress in fuel supply through the Northern Supply program.
- The government is monitoring fuel prices and ensuring uninterrupted delivery of petroleum products to end consumers.
- Special attention was given to fuel supply for agricultural producers and regions in the Southern and North Caucasus federal districts.
- The government extended the reduced 10% mandatory fuel sales quota on exchanges until December 31, 2026.
- New rules allow inclusion of fuel sold via targeted exchange and off-exchange deals with agricultural producers and northern supply organizations in compliance with mandatory sales quotas.
- The Federal Antimonopoly Service (FAS) continues monitoring fuel prices and preventing unjustified price increases at private gas stations.
- A requirement for fuel labeling by environmental class (K2, K3, K4) is set to be implemented by July 1, 2027, with the measure described as temporary to stabilize the market.
- Alexander Novak instructed relevant agencies, regional authorities, and oil companies to continue coordinated work on fuel supply and price monitoring.
Points of divergence
- The Ministry of the Development of the Russian Far East noted improvement in fuel supply under the Northern Supply program. — kommersant
- The Ministry of Energy provided an update on the situation in the petroleum products segment and the measures taken to ensure internal market stability. — interfax
- The government introduced a new rule allowing the inclusion of fuel sold through targeted exchange and off-exchange deals to meet mandatory sales quotas. — interfax
- The fuel labeling requirement for environmental classes K2, K3, and K4 is set to be implemented by July 1, 1, 2027. — interfax
Coverage (2 sources)
- Russian authorities noted improvement in fuel delivery situation via northern supply route — Коммерсантъ
- Minvostokrazvitiya noted positive dynamics in fuel deliveries via the 'Northern Overland Route' — Интерфакс