Zbigniew Brzezinski dies at age of 89World May 27, 6:57
More than two-thirds of Russians say would like to venerate St Nicholas’s relicsSociety & Culture May 27, 6:40
Russian space budget may grow this yearScience & Space May 26, 20:48
Moscow hopes London High Court will deliver judgement on Ukraine’s debt to Russia soonBusiness & Economy May 26, 20:21
Hungarian top diplomat: EU must discuss anti-Russian sanctionsWorld May 26, 19:56
Russian, French top diplomats discuss preparations for Putin’s visit to FranceRussian Politics & Diplomacy May 26, 19:47
Moscow comments on Tallinn’s move to expel Russian diplomatsRussian Politics & Diplomacy May 26, 19:43
WADA: Legendary Isinbayeva suits role of ambassador for clean sports in RussiaSport May 26, 19:33
Russia working on advanced air defense systemMilitary & Defense May 26, 19:17
MOSCOW, September 28 (Itar-Tass) —— The situation in Russia’s domestic fuel market tense, the chief of the Federal Antimonopoly Service (FAS), Igor Artemyev, said in the Government Hour hearings in the Federation Council.
"The situation remains tense, the reasons for this are the same - the monopoly of large companies and high prices of petroleum products on world markets, provoking rises in prices in the wholesale and retail markets of Russia," he said.
The recently adopted measures, including the imposition of protective export duties on gasoline, have helped improve the situation, but far from everything has been done in this area so far.
The FAS chief is sure that Russian companies "must be guided by the principle of netback (seller’s net income less transportation and export costs) in determining the cost of fuel - in this case, the prices inside Russia would stay within certain limits all the time and approach the level in Europe. The FAS, he said, has already developed the bill. Also, there is a mechanism of exchange control and compulsory registration of OTC transactions on the exchange.
"These formulas, in my opinion, correspond to a market economy," said Artemyev.
"In order to avoid shortages we have everything we need, and I think we can avoid it," he concluded.