News FAS and the Ministry of Energy found a way...

FAS and the Ministry of Energy found a way to reduce gas prices


The Federal Antimonopoly Service (FAS) of Russia, as well as the Ministry of Energy, intends to increase the minimum sales of gasoline and diesel fuel to 11 percent and 7.5 percent.

A report on the website of both departments says that this method will ultimately help stabilize the motor fuel market in conditions of “accelerated demand recovery.” Thus, this method will not allow an increase in the cost of fuel in retail, or even reduce its cost.

In addition, it is proposed to extend the obligation to sell petroleum products to all refiners.

Meanwhile, last week, retail prices for gasoline and diesel fuel in Russia rose markedly. It went up by an average of 20 kopecks and diesel fuel by 8 kopecks per liter.

Samantha Schnurr
Samantha started her editorial career chasing celebrities as a magazine editor. Along the way, she also started chasing passport stamps, writing for Travel + Leisure, Condé Nast Traveler, Airbnb Magazine, Lonely Planet and Washington Post. She now covers travel and pop culture while wandering the world — often reluctantly running races.

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