Moscow slams US marines’ deployment in NorwayRussian Politics & Diplomacy October 28, 18:57
Photos of the week: fire in a giant migrant camp, Trump's flag hug and a 'river of sheep'Society & Culture October 28, 18:49
Finance ministers of Russia and Ukraine can meet if Kiev's debt is recognized as sovereignBusiness & Economy October 28, 18:48
US-led coalition increases intensity of air strikes near Mosul — Russian General StaffWorld October 28, 18:02
Russian General Staff asks Putin for permission to continue strikes at militants in AleppoRussian Politics & Diplomacy October 28, 17:56
Russian tennis chief favors relocating ATP World Tour Finals to Moscow from LondonSport October 28, 17:51
DPR official says Kiev beefs up positions deploying rocket artillery to DonbassWorld October 28, 17:48
Israeli investors arrive in Crimea to assess venues for future investment projectsBusiness & Economy October 28, 17:26
Rosneft sells 11% in Vankorneft to India’s ONGC VideshBusiness & Economy October 28, 17:23
MOSCOW, March 20. /ITAR-TASS/. Russia’s major private oil company LUKOIL opposes quotas on fuel supplies to the domestic market, LUKOIL’s CEO Vagit Alekperov told journalists.
He said he was negative about the plans since “we are working in the market after all”.
Deputy Minister of Energy Kirill Molodtsov earlier said the ministry and oil companies should sign an agreement about compulsory stocks of petroleum products for this year by the end of the week. Some have already signed the deal, he said. These would be similar to the current stocks and take into account possible consumption growth.
Last summer the ministry instructed Russian oil companies to boost their gasoline reserves from 1.25 million tons to 1.7 million tons as large volumes of petroleum products were reoriented for export. The ministry also recommended that companies to export only the remaining and give priority to the domestic market.