Russia's Novak: no need to tweak fuel subsidies - Ifax

Russia's Novak: no need to tweak fuel subsidies - Ifax

Russia's fuel market is economically balanced and there is no need to tweak damper payments, the Interfax news agency cited Russian Deputy Prime Minister Alexander Novak as saying on Thursday.

Damper payments in Russia are a form of subsidy for oil refineries.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.