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- October 16, 202612°
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Novak seeks risk scenarios for Russia’s fuel supply
Russian Deputy Prime Minister Aleksandr Novak called for risk scenarios to be prepared for the fuel market at a meeting held on Monday, September 21. The scenarios will include options to increase petroleum product production and regulate fuel import volumes.
The sustainability of fuel supplies in Russia and risks in the petroleum products market were assessed at a meeting chaired by Deputy Prime Minister Aleksandr Novak.
At the meeting held on Monday, September 21, Novak asked the relevant institutions and industry companies to prepare possible risk scenarios. The plans are expected to include measures to increase petroleum product production and regulate fuel import volumes.
Fuel stocks and production capacity reviewed
The meeting was attended by Energy Minister Sergey Tsivilyov, as well as representatives of the State Duma, the Ministry of Agriculture, the Federal Antimonopoly Service and the Ministry of Transport. Industry companies and regional officials also took part in the discussions.
The Energy Ministry presented a report on the current state of the petroleum products market, fuel stock levels and the utilization of production capacity.
Shipments to northern regions discussed
The regional situation regarding fuel supplies was also examined separately for the republics of Tuva, Khakassia and Sakha, as well as the Novosibirsk Region and Krasnoyarsk Krai.
Representatives of the regional administrations provided information on the operations of fuel stations, the delivery of necessary resources to the regions and shipments to northern areas. Industry companies gave an update on the implementation of previously issued instructions.
The meeting particularly focused on shipments of petroleum products to vulnerable regions, supply obligations to northern areas and supporting the regions with fuel so that levels do not fall below those of 2025.
Support for the domestic fuel market to continue
Novak asked the relevant institutions and industry companies to continue their joint efforts to support the domestic market with petroleum products and maintain stable fuel supplies to the regions.
It was emphasized that possible risk scenarios should be taken into account when preparing long-term decisions. The scenarios are planned to include measures for timely intervention, increasing petroleum product production and regulating fuel import volumes.
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