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Date: 5 months ago   Category: Companies

Petrol prices will begin to subsidize ahead of schedule?


The Ministry of Energy suggests to give to oil industry workers the so-called damping extra charge for three months earlier, that is since October of this year of the Photo: depositphotos.com Oil industry workers can receive the budgetary subsidies ahead of schedule. The relevant initiative was taken by the Ministry of Energy, RBC reports. The reasons — expensive oil and weak ruble. It was initially supposed to subsidize petrol prices in domestic market only since the beginning of the next year, however in such look the plan has been accepted at the predicted reduction of prices of oil. The situation has changed. Now it is offered to give to oil industry workers the so-called damping extra charge for three months earlier. She has to compensate to the oil companies a half of additional revenue which they could earn, exporting gasoline — 100 billion rubles. The idea is poor-selling, but correct and timely, the president of the Independent fuel union Pavel Bazhenov: considers — the Situation has already got out of hand, balance very shaky, and, of course, some measures are necessary. Turning on of this damping tool can quite be one of such measures already in the nearest future. It has to make some contribution to stabilization of a situation. I in general doubt efficiency of this damping system because she assumes compensation for processing already upon work. That is hardly without stick, without some push this compensation will be shifted in the market. Today the product was bought at those prices which are, tomorrow, in a month of the company have received compensation. It is how probable that this compensation will reach the market? If there is no administrative pressure, then hardly. If there is administrative pressure — yes, probably, will reach, but a question in what proportions. But anyway this offer looks very reasonable and necessary. — Considering this offer if it is accepted what after all will be with retail prices for gasoline in Russia by the end of this year and the beginning of the following? — Retail prices will inevitably grow. Now a question in as far as they will grow up. Turning on of this mechanism will reduce growth potential a little, but I don't think that it completely liquidates him. The head of Gazprom Neft Alexander Dyukov has said in an interview of RBC that the mechanism of a damper will allow to level increase in excises at fuel, but the collected problems will continue to worsen oil processing economy. According to him, the proposed measures insufficiently the floating excise on fuel or oil is also necessary. To add BFM.ru to your sources of news?

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