Support The Moscow Times!

Refinery Accessibility Plan

The Federal Anti-Monopoly Service wants oil majors to grant independent producers 10 percent to 15 percent of their refineries' capacity to increase competition on the domestic fuel market.

"Independent producers are less than 5 percent [of the market], therefore, if they receive 10 to 15 percent of refining capacity … it will promote new competitors and products," the service's deputy director Anatoly Golomolzin said Wednesday.

Golomolzin said the service opposes further increases to the fuel excise tax on the domestic market. Next year's federal budget calls for the tax to rise between 1,300 and 1,700 rubles ($45 to $60) per ton next year, depending on the type of fuel. "This is analogous to the increases seen in 2011, which led to a significant increase in prices," Golomolzin said.

(Reuters)

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more