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Nov 4, 2021
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The Cabinet of Ministers will study the need to increase fuel sales on the exchange

The Russian government is considering the feasibility of increasing the fuel sales rate on the stock exchange by 1%, RIA Novosti reports.

It is noted that the situation on the fuel market is being monitored at present.

“It was decided to continue monitoring the situation on the fuel market to study the feasibility of further increasing exchange rates,” the Cabinet of Ministers said in a statement.

Let us remind you that in August the Cabinet of Ministers decided to raise the minimum threshold for selling gasoline on the stock exchange from 11% to 12%. It also became known that the Russian authorities are considering other measures to adjust exchange trading. Now the standards of sales on the stock exchange are 11% of the volume of gasoline produced.

The minimum threshold for the sale of diesel fuel is 7.5%. It can also be increased by 1%.

Earlier, Russian Deputy Prime Minister Alexander Novak said that the government will take measures to optimize the situation on the fuel market for independent filling stations.

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