
New support measures are being prepared for the domestic fuel market

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The Russian government plans to expand measures to support the domestic fuel market amid falling production and fuel shortages in a number of regions. This is reported by "Kommersant" with reference to a letter from Deputy Prime Minister Alexander Novak to Prime Minister Mikhail Mishustin with proposals to saturate the domestic market with gasoline and diesel fuel.
In the letter, Novak draws attention to the existing risks of deterioration of the situation with the provision of petroleum products to the domestic market. As additional support measures, it is proposed to increase gasoline imports from Belarus; to zero import customs duties of 5% on imported gasoline from China, South Korea and Singapore; and also to allow the use of an octane-enhancing additive to gasoline (monomethylaniline) in its production for the next six months; to establish economic incentives for the use of ethyl alcohol in gasoline production for the next six months. the account of the cancellation of the excise tax on ethyl alcohol.