Gazprom Neft raises fuel deliveries to domestic market, is honoring all commitments
ST. PETERSBURG. Oct 29 (Interfax) - Gazprom Neft is honoring all its commitments to supply fuel to the domestic market, the oil company's CEO, Alexander Dyukov, told reporters.
"We have increased supplies to the domestic market this year, we are honoring all our commitments," he said.
"As for the fuel market, the situation is not that straightforward. This applies to the independent filling station networks above all. As for the vertically integrated oil companies, including Gazprom Neft, then you may notice that the situation is still the same in our case. Right now we have prices at our filling stations that correspond to the prices we had at the end of May, and we are not planning to put them up in the near future," Dyukov said.
As fuel prices soared over the summer, oil companies undertook to sell 3% more gasoline and diesel on the domestic market each month than in 2017 at prices that would enable independent filling station operators to break even.