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News // Oil and gas worldwide

Mazout Prices Decreasing In the Komi Republic

22 March 2001 , 12:10552
The mazout market in the Komi Republic and in Russia on the whole, is full of products, deputy director general of the JSC LUKOIL-Kominefteprodukt Vitaliy Potolitsyn said. Due to this reason the mazout prices have lowered from 2.700 to 1.500 rubles for 1 ton. A cut of mazout consumption may be attributed to a considerably warm winter. But Potolitsyn did not rule out that the price for this kind of fuel would rise again in April, but it would exceed the January level. It is connected with the rise of export quotas for mazout, which will widen its sales market.

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