His statement was published on the website of the Cabinet.
“We are beginning to observe a downward trend in stock prices.
We hope that the situation will return to normal in the near future.
At the same time, oil companies can and should provide assistance in stabilizing the wholesale market, ”Novak said.
According to him, "this will primarily be facilitated by a uniform increase in the supply of oil products on the exchange."
“We have already decided to raise the standards for the sale of gasoline on the stock exchange to 12%.
In particular, an increase in supply can be achieved due to the accumulated fuel reserves.
I also consider it expedient to take measures to fine-tune the exchange trade, ”said the Deputy Prime Minister.
He explained that "in particular, we can talk about a temporary ban on the sale of fuel to non-producers, a ban on the purchase of fuel by entities affiliated with vertically integrated oil companies and limiting the maximum growth within the trading session."
“I also instruct the Ministry of Energy of Russia to adjust the mechanism for forming the schedule of repairs of oil refineries in order to ensure the balance of the market in the summer,” Novak said.
At the end of July, it was reported that the Federal Antimonopoly Service was conducting unscheduled inspections of oil traders against the backdrop of rising fuel exchange prices.
Pavel Zavalny, Chairman of the State Duma Committee on Energy, spoke with Inforeactor about the factors affecting gasoline prices.