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The oil companies do not want to sell gasoline at the Exchange
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The oil companies do not want to sell gasoline at the Exchange
Even State-owned oil companies do not comply with the recommendation of the Government to sell on the stock exchange at least 15% of fuel. According to the St. Petersburg international commodity exchange (through which trade) this summer, Rosneft and Gazprom Neft is fully stopped selling oil products market through this site. Prime Minister Vladimir Putin has previously talked about the need to expand stock trading, to arrange the sale of not only oil but also oil. The Government tried to avoid monopolization of the petrol market and rising prices. But it turned out that progress in this direction, but the regulators claim may arise, primarily, to the goskompaniâm, the newspaper «RBC daily». During the summer of Rosneft and Gazprom Neft have not concluded any deals to sell petrol at the stock exchange, abandoning all the deals in May. Additional fuel oil companies began to implement their marketing of "daughters" at prices lower than stock to keep retail prices. According to company representatives, the remains were sent to the troubled regions to address the shortage of gasoline. But it appears that most of the oil companies consider stock market trading ineffective instrument, and are ready to sabotage the Government's request. It is known that LUKOIL in June and the first week of September did not offer fuel for Reviews. TNK-BP also reduced volumes, although the company is the most disciplined: starting in June 2010, was selling at least 15% of fuel through a stock exchange. Experts believe that the situation with fuel in the domestic market has not yet stabilised. It is expected that this will take place by December.
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