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Gas stations suspend sale of premium fuel due to state regulation of prices

Source : 112 Ukraine

The companies explained this step by the introduction of state regulation of prices in the retail market of petroleum products
18:12, 16 May 2021

112 Agency

A number of gas stations in Ukraine have temporarily stopped selling premium diesel fuel and gasoline. The relevant statements have already been made public by OKKO, WOG and SOCAR.

The companies explained this step by the introduction of state regulation of prices in the retail market of petroleum products.

"On May 14, the Resolution of the Cabinet of Ministers of Ukraine No. 474 came into force on limiting the marginal rate of the trade markup for gasoline and diesel sold through gas stations during the quarantine period. Thus, state regulation of prices in the retail market of petroleum products was introduced. How the law-abiding company SOCAR fulfills the prescription Cabinet of Ministers. On May 15, we adjusted prices for main types of fuel, taking into account the restrictions imposed, "SOCAR said.

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The company is forced to temporarily suspend the implementation of NANO 95, Diesel Nano Extro, as well as the accrual of additional discounts for customers.

OKKO filling station has temporarily suspended the sale of PULLS 95 and PULLS Diesel.

WOG filling stations network is forced to stop selling fuel 95 Mustang and diesel + Mustang.

As reported, on May 14, the Cabinet of Ministers introduced state regulation of fuel prices.

Amendments were adopted to Resolution No. 1236 of December 9, 2020. By this resolution, the Cabinet of Ministers established the maximum margin of the gas station when selling gasoline and diesel fuel. According to the document, the levels of the trade markup to the average price for diesel fuel are set not higher than $0,25 (UAH 7) per liter and for gasoline - not higher than $ 0,18 (UAH 5) per liter.

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