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How to optimize subsidies for refineries.
... 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.
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It became known about China's plans for the electrification of motor vehicles.
... intend to accelerate the electrification of transportation to offset losses from declining sales in the U.S. According to forecasts, by 2027, the share of electric vehicles in passenger car sales in China may exceed 70%. This will lead to a decrease in gasoline demand in the country in 2026-2027. Moreover, China has significant reserves of minerals essential for the "new" energy sector, which supports the development of the electric vehicle industry.
Moscow, January 23 - PRIME. Chinese companies ...
How Fuel Company "Resource" Works and Why Clients Choose It for Fuel Procurement
The Resource company is a reliable supplier of diesel fuel and gasoline with many years of experience and direct contracts with the largest oil companies. Providing timely delivery and full quality control, Resource offers convenient payment terms, including installments, and flexible logistics. With the help of ...
An expert explained the sharp increase in the market value of aviation fuel in Russia
... that subsidies for this type of fuel are paid to airlines, not fuel producers," the agency's source said.
The damping mechanism was designed to restrain domestic fuel prices. In the case of the automotive fuel market, if the export price of gasoline and diesel exceeds the conditional domestic price, the state compensates companies for part of this difference to prevent price increases in Russia.
"In aviation, the damping mechanism only compensates airlines for fuel procurement costs ...
ATI.SU: "Cheaper in Bulk: How to Buy Gasoline and Diesel Fuel on the Marketplace"
The "ORG-Market" marketplace is a modern platform for wholesale trade in petroleum products that simplifies the fuel purchasing process, making it faster and more profitable. Learn how to use the platform to buy gasoline and diesel fuel at wholesale prices, bypassing intermediaries.
Marketplace Platforms: Quick and Easy Access to Products. "ORG-Market" – A Raw Materials Marketplace for Buying and Selling Petroleum Products.
This article will discuss ...