economy

Russia Reduces Mandatory Gasoline Sales Quota on Exchange from 15% to 10%

Russian Deputy Prime Minister Alexander Novak announced that the government has reduced the mandatory gasoline sales quota on the exchange from 15% to 10% for three months, starting July 1. This was reported by Kommersant.

Russia Reduces Mandatory Gasoline Sales Quota on Exchange from 15% to 10%

TL;DR

  • The mandatory gasoline sales quota on the exchange has been reduced from 15% to 10%.
  • This reduction is for a three-month period, starting July 1.
  • The measure is intended to stabilize the exchange market.
  • The quota for mandatory exchange sales of diesel fuel remains unchanged at 16%.
  • The initiative was proposed by the Federal Antimonopoly Service and the Ministry of Energy.

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