Sales of the motor fuel below the Euro-5 standard are to stop in Moscow after New Year. Victoria Gimadi, the expert of the Analytical Center, believes the diesel fuel is less of an issue.
As a Last Resort, Transition to Euro-5 Petrol Could Be Postponed
In an interview to Rossiyskaya Biznes-Gazeta, Victoria Gimadi commented that there were no expectations of the diesel fuel deficit in the home market, because the Euro-5 standard production had exceeded its aggregate consumption in Russia as far back as 2014. 'In 2014, the Euro-5 diesel fuel production was 45 mln tons, of which 30.5 mln tons were delivered to the home market. In 2015, at the end of the first six months, the Euro-5 share in the diesel fuel production had already reached 80 %,' said the expert. As opposed to diesel, the petrol production in Russia goes to satisfy internal demand almost 100 %, so there are no reserves for redistribution between export and home markets. Yet, according to Ms Gimadi, no petrol deficit is expected. The expert is sure that in case of urgency the transition to the Euro-5 petrol could be postponed.