Petrol price will rise again

9 April 2019

Sechin accused the government of the Russian Federation in non-market regulation of prices for fuel

Executive Director of "Rosneft" Igor Sechin, according to "Interfax" sent to Prime Minister Dmitry Medvedev the letter with the assessment of the work of the authorities, which criticized the Russian government for the measures they are taking to offset losses of oil companies.
At the end of March, the government and the oil companies came to soglasheniythat until July of 2019 the price of gasoline and diesel fuel will remain at may 2018. But, oil companies have promised that this price freeze will last.
So, here's the letter Sechin complained that the measures taken by the government at the meeting on 26 March announced even without discussion with the oil companies. The head of "Rosneft" especially pedal the fact that refiners and turned out to be extreme due to the containment of prices for motor fuel and the regulation of the internal market from the state.
In fact, he claims that from may 2018 in Russia introduced a non-market regulation of prices and the government bow to the introduction of new mechanisms of manual regulation of business. According to Sechin, such initiatives threaten the emergence of systemic risks for the normal operation of the oil industry.
In addition, the head of the largest oil company stressed that the input mechanisms of regulation, says "the vast majority of market participants" – simply a duplication of existing regulatory instruments.
The representative of Deputy Prime Minister Dmitry Kozak has refused to comment on the letter I. Sechin.

 PS just as the saying goes: Sirs fight, at lackeys forelocks crack. In this case, someone who sbaret in terms of freezing fuel prices is not even important just, the longer to defer the abolition of the freezing of prices, the higher and more painful will the price jump after they defrost – inflationary nature of cost growth no one to cancel was not. Antiprimer Venezuela proof against which the collapse of the domestic economy in the early 1990s, just a temporary misunderstanding.