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Average retail prices at Russia’s filling stations continue to slide down – Energy Ministry

February 17, 2012, 20:11 UTC+3
Average retail prices continue decreasing at Russia’s filling stations, the Energy Ministry’s press service said on Friday
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MOSCOW, February 17 (Itar-Tass) —— Average retail prices continue decreasing at Russia’s filling stations, the Energy Ministry’s press service said on Friday.

According to the Central Supervision Department of the Fuel-and-Energy Industry, vertically integrated oil companies established their prices for gasoline of the most popular brand Regular-92 at 26.31 roubles per litre (USD 1 = RUB 29.99), which is nine kopecks less than as of December 31, 2011, the press service.

Besides, the gasoline price of the Premium-95 brand went down by seven kopecks to 28.23 roubles per litre, the press service said, adding that prices of winterised diesel fuel amounted to 27.93 roubles per litre, or four kopecks less than at the end of last year.

Independent gasoline retailers sold Regular-92 fuel at 26.77 roubles per litre (or 33 kopecks less), Premium-95 for 28.70 roubles per litre (or 31 kopecks less) and the winterized diesel fuel – for 28.64 roubles per litre (four kopecks less), the press service said.

As of February 15, average prices of the major brands of fuel at the oil refineries decreased too, as against December 31, 2011, the press service said.

For instance, the average prices of the Regular-92 gasoline decreased by 986 roubles over the period under review and amounted to 25,646 roubles per tonne, the press service said, adding that prices of Premium-95 gasoline went down by 233 roubles to 27,837 roubles per tonne and prices of winterized diesel fuel dropped by 557 roubles to 28,630 roubles per tonne.

Moreover, the press service reported the decline of prices for several sorts of petroleum products at the enterprises of the Fuel and Oil Product Supplies Committee as compared to December 31.

At such facilities, the prices of Regular-92 gasoline slid down by 1,296 roubles to 29,189 roubles per tonne, the Premium-95 prices dropped by 1,451 roubles to 31,367 roubles per tonne and prices of the winterized diesel fuel shrank by 774 roubles to 31,454 roubles per tonne, the press service said.

In addition, the press service pointed out to the hike of the production and supplies of the high-octane sorts of gasoline on the domestic market. Planned maintenance and preventive repairs of technological equipment at the Russian oil refineries have being held fully and in compliance with a schedule coordinated with the Energy Ministry.

There were no reports about emergency shutdown of equipment at Russia’s oil refineries in the period from February 9 to February 16, the press service said.

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