New Russian Tax Law Aims to Boost Domestic Fuel Supply

Deep News07-04

Russian President Vladimir Putin has signed a bill introducing measures to secure domestic gasoline supplies.

The amendments to the Tax Code allow companies to blend straight-run gasoline with other components to produce high-octane automotive fuel.

The revisions also aim to stimulate gasoline imports into Russia by providing subsidies to fuel importers.

The fuel supply crisis, affecting about 90% of Russian regions and leading to rationing in many areas, follows a series of Ukrainian attacks on refineries deep within Russian territory.

The Russian government is implementing special measures to resolve the fuel crisis.

Russia has imposed a full ban on gasoline and aviation fuel exports and is considering restrictions on diesel exports.

The Kremlin stated on June 30th that Russia is negotiating to import fuel at reasonable prices.

Additionally, the government has relaxed technical standards for some petroleum products, allowing certain refineries to produce Euro-3 standard gasoline and diesel until the end of 2026.

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23:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Russian President Vladimir Putin has signed a bill introducing measures to secure domestic gasoline supplies.<br><br>The amendments to the Tax Code allow companies to blend straight-run gasoline with other components to produce high-octane automotive fuel.<br><br>The revisions also aim to stimulate gasoline imports into Russia by providing subsidies to fuel importers.<br><br>The fuel supply crisis, affecting about 90% of Russian regions and leading to rationing in many areas, follows a series of Ukrainian attacks on refineries deep within Russian territory.<br><br>The Russian government is implementing special measures to resolve the fuel crisis.<br><br>Russia has imposed a full ban on gasoline and aviation fuel exports and is considering restrictions on diesel exports.<br><br>The Kremlin stated on June 30th that Russia is negotiating to import fuel at reasonable prices.<br><br>Additionally, the government has relaxed 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