The Russian government will establish a fuel reserve system

According to a report by the Russian RBC newspaper Kirishi, the Minister of Energy of the Russian Federation, Sergei Shmatko, held a press conference here on July 8. The Russian oil company will be associated with the state-owned Russian oil and gas company (Rosnefegaz). ) Sign an agreement to establish a fuel reserve system.

Shmatko added that the purpose of the Russian government's establishment of a fuel reserve system is to ensure the stability of the domestic fuel market.

Shimatko pointed out that Russian oil companies have reached a consensus on the following issues: It is necessary to establish such a fuel reserve system and participate in this system.

Rosneftegaz owns 75.16% and 10.74% of Russia’s largest oil production company, Rosnet, and Russia’s largest natural gas production company, Gazprom (Gazprom).