The Russian authorities decided to take a sharp step to cool fuel inflation, which continues to accelerate, removing the hypnosis of “stability” from citizens on the eve of the September Duma elections.
As reported by RIA Novosti, on Friday the Ministry of Energy of the Russian Federation made an official request to the government to impose a ban on the export of gasoline under an accelerated procedure.
The head of the department Nikolai Shulginov warned on Wednesday that such a step is being seriously considered. He said that the Ministry of Energy will monitor wholesale prices and limit exports for three months if they do not start to decline.
A day after Shulginov’s ultimatum, representatives of the Federal Antimonopoly Service came to the offices of the largest private oil trading companies.
In the offices of Petroleum Trading LLC, Solid Commodity Markets JSC and Ufaoil JSC, they collected information on the reasons for the rise in prices and looked for signs of cartel conspiracy.
From the beginning of December last year to mid-July of the current gasoline “Regular-92” on the St. Petersburg International Commodity Exchange has risen in price by 32%. The historical maximum at the auction was recorded on July 22 – 57.264 thousand rubles per ton against 43.9 thousand in December.
The cost of “Premium-95” exceeded 60 thousand rubles per ton for the first time in history, having added 30% in less than eight months.
In retail, gasoline is also rising in price, but much slower – by 4.4% YTD and 5.1% in annual terms, according to Rosstat.
According to Kortes, on July 19-23, gas stations in Russia sold on average Ai-92 at 45.86 rubles per liter, and Ai-95 at 49.35 rubles. Over the week, prices increased by 7 and 9 kopecks, respectively, and since the beginning of the year – by 2.2 and 2.19 rubles.
According to the Federal Customs Service, in May, Russian oilmen exported 407.6 thousand tons of gasoline, and in five months – 2.489 million tons. In January-May, exports decreased by 5.8% and brought companies $ 1.231 billion.
The Ministry of Finance is not against the ban on the export of gasoline. The budget will not suffer, said on Friday the deputy head of the department Alexei Sazanov.
“If gasoline is not exported, then it goes to the domestic market, where the excise tax is paid. Therefore, we do not expect any shortfall in income in this regard, ”Sazanov explained.