This was reported on the website of the Cabinet.
Novak noted that the fuel companies are conscientiously fulfilling their instructions to fill and supply the domestic market with petroleum products in accordance with the growing demand, while at the same time gradually increasing the loading of refineries and fuel reserves by the spring-summer period.
“The decisions made have helped to significantly ease the pressure on the wholesale market of oil products and will contribute to the further accumulation of reserves before the summer period.
Fuel reserves have already increased by more than 35% compared to the beginning of February, ”the Deputy Prime Minister said.
He also commented on the damper adjustment.
“We see that the mechanism in the current macroeconomic conditions at the current exchange rate and with an increase in oil prices on world markets partially required an adjustment.
The Government has worked out this issue.
At present, the Russian Ministry of Finance is preparing a corresponding draft law.
It is planned that this mechanism will start working on May 1, 2021 in order to maintain marginality in retail and price stability at gas stations, "Novak said.
Earlier, Novak, during a meeting of Russian President Vladimir Putin with the government, said that Russia expects global oil demand to recover by 5.5 million bpd in 2021, fully returning to pre-crisis levels in 2022.