Лента.ру40 minutes agoBusiness1 min readRussia

Elvira Nabiullina assessed the situation on the Russian fuel market

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The head of the Bank of Russia, Elvira Nabiullina, announced a gradual stabilization of the situation in the fuel market.
The regulator expects the restoration of damaged production capacity by the end of the year with the active participation of the government and business.

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Why It Matters

There were disruptions in the fuel market due to damage to production facilities. The government and business are carrying out work to repair and protect facilities.

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The situation on the fuel market is gradually stabilizing, but this issue still requires careful monitoring. The head of the regulator, Elvira Nabiullina, announced this on Friday at a press conference following a meeting of the Board of Directors of the Bank of Russia, TASS reports.

The Central Bank expects that damaged production facilities will be restored by the end of the year, and the fuel situation will normalize, Nabiullina noted. According to her, the regulator sees how much effort the government and business are making to repair out-of-service facilities, as well as to protect them. The basic scenario assumes that the situation will continue to improve, the head of the Central Bank concluded.

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AI outlook — possibilities, not facts

Restoration of damaged production facilities by the end of the year.
Likely · Within months

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