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Novak Assures Domestic Russian Fuel Market Well Supplied

OIL PRODUCTS

Russia is not facing any domestic shortage of petroleum products according to Russian Deputy Prime Minister Alexander Novak.

  • "All demand for oil products is being met in full. There was an increase in demand at filling stations in the southern regions, especially in the Rostov region, but filling stations were fully stocked with all oil products, there were no supply disruptions. Prices are also stable. We will continue monitoring and working on this. Oil product inventory exceeds 15 days, which corresponds to the multi-year average for this period," Novak said.
  • "The fuel and energy complex continues to work, we are getting ready for the autumn-winter period, the necessary reserves are being built up and the necessary repairs are being carried out," he added.
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