... interview with Forbes . Russian Market for Petroleum Products: Exported Banned, Prices and Budget Under Control The internal fuel market in Russia continues to enforce a complete ban on the export of certain petroleum products, primarily automotive gasoline. The government previously extended the restrictions to all producers and traders: from the end of July until August 31, 2025, the export of gasoline from the country is prohibited. This emergency measure aims to saturate the domestic market ...

Everyone is familiar with electronic trading platforms that offer products from different sellers. However, a marketplace for gasoline, diesel, and other fuels is, without exaggeration, a new phenomenon in the traditional market. In August 2020, the company 'ORG-Market' was founded, which is a resident of the Skolkovo Technopark. In just six months of operation, more than 40,...

... A column by Sergey Tereshkin for RBK Companies. On October 22, 2024, the State Duma passed a package of amendments to the Tax Code in its third reading, which include changes to fuel excise taxes. According to the document, the excise tax on Euro-5 gasoline will increase by 14% starting in 2025 (from 15,048 to 17,088 rubles per ton), and on diesel fuel by 16% (from 10,425 to 12,120 rubles per ton). The rise in excise taxes will contribute to higher costs for oil companies, which have already ...

... be able to increase their margin by inflating the exchange prices for one type of fuel while receiving subsidies for another. It was previously reported that the government plans to change this rule by splitting the damping payments by fuel type—gasoline and diesel fuel (DF). Exceeding the maximum established price for one type of fuel will not affect payments for the other type. The damping mechanism compensates part of the difference between the indicative fuel price set by the government ...

... According to the Ministry of Finance, payments under the damper mechanism, reverse excise tax on oil, and investment surcharge for January-November 2024 reached 3.36 trillion rubles, surpassing the 2023 level by 15%. While the damper is aimed at curbing gasoline and diesel prices, the other two types of subsidies are tied to the level of refinery modernization: The reverse excise tax is intended for refineries where the output of oil products is at least 75% of the volume of crude oil processed. ...