... production, published by Rosstat without quantitative indicators, decreased by 2.7% in the first eight months of 2024. The main conclusion: Indirect indicators suggest that petroleum product production continues to decline. This is putting pressure on the gasoline market, where retail price growth is significantly outpacing the general inflation rate. The decline in production is linked to unscheduled repairs at refineries, the completion of which is difficult to predict due to sanctions on the supply of refining ...

... infrastructure support. The article discusses the prospects for increasing the use of gas engine fuel, as well as the challenges and opportunities for the development of this niche. MOSCOW, Jan 11 – PRIME. Gas motor fuel (GMF) is 30-50% cheaper than AI-92 gasoline, but its share in the Russian market remains low, and consumption heavily depends on subsidies, said Sergey Tereshkin, CEO of the fuel marketplace "Open Oil Market" (a Skolkovo resident), in an interview with RIA Novosti. "In Russia, vehicles using gas motor fuel ...

... The decision to extend the current NDA Rules until the end of 2024 may have been influenced by the ban on gasoline exports introduced in August 2024, later extended through September and October. The ban is expected to reduce the profitability of gasoline production, as oil companies have more pricing freedom on external markets without regulatory constraints. Simultaneously denying oil companies priority in the transportation of oil products could have led to additional costs. Thus, this measure was postponed until next year when the export ban will no longer be in ...

... according to which oil companies lose damper payments if the average monthly exchange price of AI-92 gasoline exceeds the internal threshold by 10%, and the exchange price of diesel fuel exceeds the internal threshold by 20%. The threshold for AI-92 gasoline is 64,515 rubles per ton, and for diesel fuel, it is 66,000 rubles per ton. Switching to the use of only domestic prices for calculating the damper would eliminate ambiguity in the regulation of the industry: there is no access to the European market, but European prices are still used for calculating subsidies in Russia. Most importantly, this move would acknowledge that the damper is not compensation for export shortfalls, but rather a formula for calculating subsidies for refineries that ...

... producers, effectively imposing a complete embargo on gasoline exports for a month, with the possibility of extension into September. The government notes that the export restrictions enable additional supplies of fuel to be directed to the domestic market. Major oil companies have increased gasoline shipments to domestic exchanges, helping to stabilize wholesale prices somewhat. At the end of July, prices for gasoline grade Ai-95 on the St. Petersburg International Commodity Exchange reached a historic high, approaching levels seen during ...