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BackAlmost 100 Russian gas station chains have promised price stabilization

Almost 100 Russian gas station chains have promised price stabilization

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Лента.ру1 hour agoEnergy1 min readRussia

Almost 100 Russian gas station chains have promised price stabilization

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Since August, the Federal Antimonopoly Service of Russia has entered into 93 agreements with independent networks of gas stations in 35 regions to stabilize retail prices for gasoline and diesel fuel.
The purpose of the agreements is to maintain acceptable fuel prices for the population.
The department will continue to provide consulting and organizational assistance to parties to agreements.

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Why It Matters

The agreements were concluded in accordance with a government decree to stabilize retail fuel prices in the regions of Russia.

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Since August of this year, the Federal Antimonopoly Service (FAS) of Russia has entered into 93 agreements with independent gas station chains in 35 regions of the country to stabilize retail fuel prices. TASS reports this with reference to the department's press service.

Including 20 agreements signed with operators managing more than 20 gas stations in their region. Back on September 30, the FAS talked about companies from 15 regions.

The main goal of the agreements concluded in accordance with the government decree is to maintain acceptable prices for gasoline and diesel fuel in the regions.

“The department will continue to provide consulting and organizational assistance to the parties to agreements aimed at stabilizing prices on the fuel market,” the FAS concluded.

Open Questions

What specific measures are provided in the agreements to stabilize prices?
How will FAS monitor the implementation of agreements by gas station networks?
Are there mechanisms for penalties for violating the terms of agreements?

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This article was originally published by Лента.ру.