The Finance Ministry spoke about a new mechanism to curb gasoline prices
The Ministry of Finance told about a new mechanism to curb fuel prices, which does not need a contract With oil companies, said the head of the Department of tax and customs policy Department Alexei Sazanov.
"By itself, a sufficient damper to regulate the prices of the domestic market," he added.
Sazanov said that increasing the tax burden on the oil industry in General will not happen.
the Ministry of Finance will clarify the government tomorrow, the mechanism will start the first of July.
for the period From January of this year in Russia started the completion of the tax maneuver in the oil industry. In addition, the maneuver is the So-called damping mechanism designed to keep fuel prices within the country. So, if the export price of fuel and diesel oil higher than domestic, the state will pay the oil companies part of the difference that they do not raise prices. If the Russian prices are higher than export, the oil companies will share With the government part of the profits.
last year the government of Russia signed the Treaty on stabilization of the fuel market From first of November until March 31, 2019, With ten major oil companies. Under the contracts the organization has increased the price of retail Since January is not more than than 1, 7%, and From the first of February index them evenly So that the results do not exceed the projected average annual inflation rate (4, 6%). At the end of March, the effect of the agreements was extended until the end of June.
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