Putin proposed to set quotas for the export of fuel from Russia
It is necessary to regulate the export of fuel by analogy with the fertilizer market — to allow the export of gasoline and diesel only after filling the domestic market.
"Indeed, we have put the necessary volume on the domestic market, and then earn on the external one. Well, there is, it works. It is clear that there is its own specifics in the oil industry, but nevertheless there is no big difference, we just need to make these decisions in a timely manner, and that's it," Putin said.
On September 21, Russia banned the export of petroleum products from the country. The measure was explained by the need to reduce prices for gasoline and diesel, the fight against gray exports, as well as a shortage of fuel for agriculture. However, after a short-term decline, prices on the stock exchange began to rise again. Market representatives explained the rebound in prices by the increased demand for cheaper goods and the hope for a quick lifting of restrictions.
To counteract the increase in fuel prices and as a tool to combat companies that export gasoline and diesel fuel intended for use in the domestic market from the country, the government proposed to raise the duty for "gray" fuel exporters from 20 thousand rubles to 50 thousand per ton. According to Deputy Prime Minister Alexander Novak, the Cabinet of Ministers intends to monitor the risks of fuel surcharges at independent gas stations and limit the export of gasoline purchased on the market, and not produced in Russia.