Russia Ministry of Energy: The Russian Ministry of Energy and the Federal Antimonopoly Service approved recommendations to increase sales of gasoline and diesel fuel on the exchange

The Ministry of Energy of Russia, together with the FAS, approved recommendations for a temporary increase in the third quarter of 2021 in the volumes of the minimum exchange sales of motor gasoline and diesel fuel by an additional 1% to the current levels established by a joint order of the FAS and the Ministry of Energy of Russia.

The authorities recommend that companies take measures for the daily sale of petroleum products at exchange trading in volumes of at least 12% of motor gasoline and 8.5% of diesel fuel from the volume of their production, in compliance with the requirements for the regularity and uniformity of such sales.