
Deputy Prime Minister Alexander Novak announced measures to stabilize the domestic fuel market
AI-generated summary
In mid-August, the Russian government began importing fuel to stabilize the situation on the domestic market.
The Russian government, together with companies, ensured additional imports of petroleum products, in particular gasoline from near and far abroad, to prevent fuel shortages.
To saturate the domestic market, the Russian government decided to postpone a number of repairs at oil refineries.
The Russian authorities banned the export of fuel, provided tax incentives for imports and production growth, and agreed with oil companies to stock independent gas stations with fuel.
MOSCOW, October 2 - RIA Novosti. The Russian government, together with companies, has ensured additional imports of petroleum products, in particular gasoline from nearby countries, near and far abroad, to prevent fuel shortages, Deputy Prime Minister Alexander Novak told reporters.
“In order to avoid a shortage, the government, together with companies, ensures additional imports of petroleum products, in particular gasoline from countries nearby, near and far abroad. This provides additional resources,” he said.
In mid-August, Novak announced that Russia had begun importing fuel from other countries to stabilize the market situation. Later he said that Russia continues to import gasoline, diesel fuel and jet fuel.
Novak noted that in order to saturate the domestic market with fuel, the Russian government decided to shift a number of repairs to oil refineries “to the right,” which will also provide additional production volumes.
“Class 4 fuel (Euro 4 - ed.) is also entering the market... We are working with companies to increase production volumes,” he added.

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