Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
Astronauts to make quickest trip ever to ISS in DecemberScience & Space September 22, 16:27
Russian frigate Admiral Essen returns to Crimea after mission in MediterraneanMilitary & Defense September 22, 16:24
MOSCOW, April 17 (Itar-Tass) — LUKOIL chief Vagit Alekperov is confident that petrol in Russia will always be less expensive than in neighboring countries. “Russia's fuel price will always be lower than in our neighbors’. But if it is lowered artificially, petrol will escape to the neighboring markets,” he told First Channel.
At present, a liter of petrol in Russia is less expensive than a bottle of water in any kiosk, while the most expensive petrol in found in Norway, the largest oil and gas producing country in Europe.
Alekperov also expressed confidence the development of the Russian economy enabled the state to “get out of the national economy, although at the initial stage of Russia’s development in new economic conditions the participation of the state in the capital of large companies was positive and necessary.
He noted that a flexible tax system is required for further development of the oil industry, which is the locomotive for many branches, including metallurgy and machine building. This tax system should take into account the stages of the development of hydrocarbon deposits.