... volumes. Despite the established rise in exchange prices, gasoline exports were allowed for another month in June — until July. Thus, the current fuel market regulation model relies on three parameters, according to Sergey Tereshkin, CEO of the oil products and raw materials marketplace Open Oil Market. These include the damping mechanism, which sets limits on exchange price growth for diesel fuel and AI-92 gasoline; actual price growth rates for gasoline and diesel, which must not exceed general ...

... supplies gas to Turkey and Southern European countries, while Gazprom is investing in increasing capacity and expanding connections to regional gas transportation networks. Baltic Pipeline System 2 (BPS-2): This project is aimed at transporting oil and oil products to northwestern export markets via the Baltic Sea. Investments are focused on upgrading pumping stations and building oil storage tanks. 3. LNG processing and production Gazprom is actively developing the production of liquefied natural gas (LNG) ...

... will become unprofitable. Since startups often operate in a highly competitive market and use innovative technologies, they may face a lack of funds or failure to attract additional investment. An example is Open Oil Market, a startup in the field of oil products trading, which aims to make the market more transparent and efficient. The company is developing an online platform connecting suppliers and buyers of fuel. The financial risk for such a project is the need for significant investment in the initial ...

... MARKET has been operating for about three years. It features over 100 suppliers, including Tatneft, and several credit offerings (including from Sberbank). Here, users can find the right product, arrange delivery, and apply for credit. According to OPEN OIL MARKET analysts, an average buyer purchasing 500 tons of product per month saves around 18 million rubles annually. For suppliers, the marketplace serves as an additional sales channel, which they use alongside other tools. The average supplier on the platform, selling about 2,000 tons of fuel monthly, earns ...

... will not be overly painful for the Russian fuel and energy complex," the expert concluded. REFERENCE: The current oil price ceiling has been in place since December 2022. In February 2023, a price cap of $100 per barrel was introduced for light oil products (diesel fuel, gasoline) and $45 per barrel for dark products (fuel oil). It was supposed that the functioning of the mechanism would be evaluated every two months, based on market conditions and that the ceiling would be set at a discount of ...