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Media outlook in October 2008

The materials published in «Media outlook» are reprinted from other independent sources in shorthand form. LLC «TNK-BP Commerce» not always shares the point of view of the author of the publications.

The Prime-Minister persuaded the traders

October 28, 2008, Tuesday

Yuliya Timoshenko still has succeeded in coming to an agreement with national operators. “Every company, which at present is selling diesel fuel and gasoline via fuel stations at the internal market of Ukraine, has undertaken an obligation, starting from November the 1st, to reduce the prices for all oil products at the fuel stations for 40 kopecks per liter, and then to gradually increase this reduction up to 1 hryvnya before December the 1st, 2008“, — the Prime-Minister has summed up. From its part, the Government has promised to decline the idea of increase of the tax duties. Besides, according to Oleg Bougayev, the Deputy Minister on fuel and energy, his Ministry understands that the principal factor, preventing the reduction of the oil products’ prices in the country, lies in the inadequacy of the National Bank of Ukraine currency exchange rate, and promises to make certain adjustments due to this fact, while calculating the price corridors. People from “TNK-BP Commerce“ Company have noted that they understand the Government’s concern regarding the preservation of the price stability, and have promised to do their best to achieve the proposed schedule of prices” reduction. “We have come to an agreement that the fulfillment of current arrangements will be directly dependent on the stability of hryvnya’s rate and the oil prices at the world trading floors (within the corridor of $ 55—59/barrel). And also if the tax loading remains at the same level“, — the Company has resumed.

Source: Eizvestia

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