Espreso. Global

The government actually launched the fuel market - Oil and gas market expert

16 March, 2022 Wednesday
17:47

Sergiy Kuyun stressed that traders, together with the government, are working to find new large supplies to provide agricultural producers - this is the main goal

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"Now taxes have been removed on all fuel. The most important change that has taken place is that the government has actually launched the fuel market", he said on Espreso.TV.

Kuyun added: “We have state regulation, but the formula for this state regulation and the calculation of marginal prices was carried out according to the pre-war formula, it was focused on Russian and Belarusian fuel. Now there is none, and the market is new. In addition, the cost of European fuel is equal to prices that  the government recommends at gas stations. Accordingly, this creates conditions when no one will deliver fuel, because it will be a huge loss. All this gives hope that the market will be filled".

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