Russian President Vladimir Putin signed a law aimed at strengthening fuel supply in the domestic market and amending the Tax Code. The legal regulation was published on the official legal information portal.
One of the most notable elements of the new regulation is the introduction of an excise tax mechanism for motor gasoline produced by blending straight-run gasoline with other components. High-octane gasoline production through this method will be considered equivalent to direct fuel production.
Taxpayers holding a petroleum feedstock processing certificate will be granted an excise tax deduction, including for gasoline production through blending.
The amendments also expand the possibilities for oil refineries that have signed a capacity modernization agreement to fulfill the terms of their investment contracts. For facilities previously required to commission equipment worth at least 60 billion rubles between July 1, 2014 and January 1, 2026, the deadline has been extended to December 31, 2026. The minimum investment amount has been raised to 100 billion rubles.
Another change involves the recalibration of the fuel damping mechanism for authorized organizations selling foreign-produced gasoline on the Russian market.
For gasoline produced in Eurasian Economic Union (EAEU) member countries and imported by authorized organizations, the motor gasoline compensation coefficient has been set at 0.9 starting from June 1, 2026.
For fuel produced outside the EAEU, a separate damping calculation method is being introduced. Accordingly, the damping amount will be determined based on the import parity calculated using the benchmark gasoline price in the Indian market and transportation costs from Indian seaports. The Federal Antimonopoly Service will determine this benchmark.
The new rules come into force today and will also apply to legal relations arising from June 1, 2026.
