In Russia, there are plans to control fuel prices throughout the supply chain.

In Russia, there are plans to control fuel prices throughout the supply chain.

      According to "Kommersant," citing the protocols of meetings with Deputy Prime Minister Alexander Novak, the FAS, the Ministry of Energy, and oil companies have been tasked with determining indicative fuel prices for specific regions. These will serve as benchmarks for monitoring pricing throughout the supply chain. If companies inflate prices relative to the established benchmarks, regulators will have to take appropriate measures. The first region where the new mechanism is planned to be tested will be Tuva. Authorities intend to pay special attention to gasoline of "Euro-2," "Euro-3," and "Euro-4" classes. The Ministry of Energy and the FAS must prepare proposals to increase the volumes of such fuel sold on the St. Petersburg exchange, as well as study the situation with its import. Additionally, the Ministry of Energy, together with oil companies, will need to provide Rosstandart with a list of gas stations in southern Russia and the North Caucasus for analysis of the sales of these classes of fuel. Another measure is for regions to enter into pricing agreements with independent market participants. Previously, representatives of independent companies stated that due to a shortage of fuel on the exchange, they have to purchase it at higher prices.

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In Russia, there are plans to control fuel prices throughout the supply chain.

The government is considering new measures to control the circulation of petroleum products and fuel prices. Authorities plan to track the movement of batches weighing from one ton — from the supplier to the final sale.