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Rosneft provides discounts for petrol, diesel fuel in flood-hit regions within a month

September 17, 2013, 10:17 UTC+3

The fuel stocks, which the company had created in the flood-hit regions, allow providing the consumers with fuel non-stop for 36 days

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Photo ITAR-TASS/Mikhail Klimentyev

Photo ITAR-TASS/Mikhail Klimentyev

SOCHI, September 17 (Itar-Tass) - The Russian oil giant Rosneft provides discounts on petrol and diesel fuel for the consumers, who live in the flood-stricken regions since September 16 within a month, Rosneft CEO Igor Sechin said at a meeting with Russian President Vladimir Putin here late on Monday evening. In the daytime this discount makes ten percent, 15 percent in the nighttime.

“The question lies in stability of supplies and in providing favorable conditions for people so that they will restore their households. I asked you to ponder a possible contribution of the company in the common work,” the president said at the start of the meeting.

Sechin said in reply that the company had developed possible variants and “proposes a large-scale humanitarian action titled “Overcome the flood together””.

“Starting from today and within a month all petrol stations of the company in the above mentioned regions will provide a ten percent discount on all types of fuel for all consumers at the price, which was set on September 12,” he laid down the essence of the action.

The president asked about the working schedule of the petrol stations and proposed to consider the possibility to give a discount to those, who will buy petrol in the night hours so that “the petrol stations will be working rhythmically.”

Sechin agreed with this proposal and said that Rosneft will try “to introduce a 15 percent discount at the nighttime immediately for those who want cheaper petrol.”

The fuel stocks, which the company had created in the flood-hit regions, “allow providing the consumers with fuel non-stop for 36 days,” the Rosneft CEO told reporters later. Meanwhile, these fuel stocks do not include new supplies by rail, he noted. “We believe that we will deliver about 20,000 tonnes of fuel according to this scheme,” Sechin added.

Meanwhile, he stated this action will result in some losses for the network of petrol stations in the region. “Naturally, the networks of petrol stations will suffer some losses. We believe that this will be no less than 55-60 million rubles, which we will compensate from the resources of the company as relief supplies,” the Rosneft CEO said.

He noted that the company does not intend to limit the fuel purchases to the consumers. “Certainly, I does not want that there were some speculations in this issue, but I believe that this is a matter of organizing patterns,” Sechin noted.

In his words, “no threats exist to enterprises and infrastructure of the Rosneft company that could have been entailed serious consequences.”

In the view of Sechin, this action “will help pass the preparation to autumn and winter and intensify the work of small and medium businesses.”

“I hope that other producers will also find an opportunity to support somehow the population of the flood-hit regions,” the Rosneft CEO said in conclusion.

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