Alexander Novak directed the Ministry of Energy and the Federal Aviation Administration to evaluate the safety buffer of the AES.
In a bid to ensure a stable supply of fuel and prevent abrupt increases in prices, the Russian government, led by Deputy Prime Minister Alexander Novak, is taking targeted measures to manage the fuel market during the summer and autumn months.
**Key Measures and Actions**
To maintain a steady flow of fuel, oil companies have been instructed to reduce exports during the summer, redirecting more fuel to the domestic market for increased supply in July and August. Until August 31, 2025, there is a ban on gasoline exports for non-producers, but this restriction does not apply to oil companies as producers. Authorities are prepared to swiftly implement a full gasoline export ban—including for producer oil companies—if the situation deteriorates, though no decision has been made so far.
Transparent pricing and the use of market signals are also emphasized to indicate fair price levels at the start of trading sessions, preventing unreasonable demand surges and price speculation. The government continues close monitoring of the fuel market and logistics, with immediate readiness to respond to any significant changes.
**Recent and Ongoing Discussions**
While there is currently no consideration for a complete ban on fuel exports, the option remains on the table and could be activated if market participants or authorities deem it necessary. Authorities are closely observing developments within a weekly timeframe and will intervene further if needed.
**The Current Market Situation**
By the end of June, the profitability of gasoline sales at Russian gas stations had fallen to January levels, with the net margin of AI-92 falling to 2 rubles per liter and AI-95 to 3.7 rubles per liter. Annual gasoline prices in Russia are 11.5%, while annual inflation is 9.39%, according to Rosstat data.
Despite these challenges, the government continues to monitor the situation closely and remains committed to maintaining a stable fuel market for consumers. The fall in gasoline profitability is not yet clear whether it is a widespread issue or limited to certain regions or companies.
In conclusion, the Russian government, under the coordination of Deputy Prime Minister Alexander Novak and relevant agencies, is actively managing the fuel market through export controls, transparent pricing, and close regulatory oversight to maintain price stability and ensure an uninterrupted supply of gasoline during the summer and autumn seasons.
- To align the oil industry with the national economy, the Russian government, working with the finance ministry, is implementing strategic measures to control fuel exports, manipulate domestic supply, and promote transparent pricing.
- The government's efforts to manage the fuel market extend beyond energy to include business and political dynamics, as stakeholders from various industries and sectors collaborate to ensure a stable energy supply and affordable prices.
- The general news outlets and financial analysts alike are closely following discussions surrounding the Russian fuel market, with keen interest in the potential effects of export bans, changes in pricing strategies, and the government's ongoing regulatory efforts, as these factors could significantly impact industry profits and overall economic stability.
