Russia has finally
agreed to supply 80,000 tons of diesel in May, according to the Mineral Resources
and Petroleum Authority (MRPA). This will meet the normal monthly demand of
34,000 tons plus this month’s special needs for spring planting.
The MRPA does not anticipate any rise in retail prices. The higher price of USD1,250
per ton that TNK LLC is charging will be
offset by the Government’s decision to reduce the special import tax.
The Ministry of Minerals and Energy hopes things will be normal in June when
Russia will have lifted restrictions on diesel export.
agreed to supply 80,000 tons of diesel in May, according to the Mineral Resources
and Petroleum Authority (MRPA). This will meet the normal monthly demand of
34,000 tons plus this month’s special needs for spring planting.
The MRPA does not anticipate any rise in retail prices. The higher price of USD1,250
per ton that TNK LLC is charging will be
offset by the Government’s decision to reduce the special import tax.
The Ministry of Minerals and Energy hopes things will be normal in June when
Russia will have lifted restrictions on diesel export.