GENERICO.ruEconomicsNovak held a meeting on fuel supplies to farmers

Novak held a meeting on fuel supplies to farmers

MOSCOW, September 8 Russian Deputy Prime Minister Alexander Novak held a meeting on Friday with the Ministry of Energy, the Ministry of Agriculture and oil workers, where the companies promised to supply farmers with fuel in the volume required by the industry, the press service of the Cabinet of Ministers reported.
“Deputy Prime Minister Alexander Novak held a meeting with representatives of oil companies on fuel supplies to agricultural producers. Participants noted that there was no shortage of motor fuel. Representatives of oil companies promised to supply farmers with motor fuel in the volume required by the industry,” the message says.

It states that the meeting was also attended by Deputy Minister of Agriculture Oksana Lut and First Deputy Minister of Energy Pavel Sorokin.

This week, the head of the Ministry of Agriculture Dmitry Patrushev said that harvesting and winter sowing can be under threat – problems have arisen not only with prices, but also with the availability of fuel.
At the end of August, the Deputy Prime Minister noted that there is no shortage of fuel on the domestic market, the exchange is provided with sufficient volumes. At the same time, in order to avoid price fluctuations and gray exports, the authorities are discussing the creation of a list of special exporters and export licensing. Novak promised to approve the list in the near future. According to him, the government is “going with both options,” but adopting a list of exporters is the fastest solution.
Russian President Vladimir Putin signed a law on adjusting the fuel damper in July. The document adjusts the damping mechanism in such a way that it reduces damper payments by 50% from September 1 to December 31, 2026 for both gasoline and diesel fuel, explained Deputy Minister of Finance of the Russian Federation Alexey Sazanov. According to the experts surveyed, a reduction in budget payments to oil companies will lead to a further increase in wholesale fuel prices and unprofitability of trade at independent gas stations.

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