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Industry consulting group warns of ill effect of state fuel regs
Journal Staff Report

KIEV, Sept. 23 – The plans of the Economy Ministry to introduce the state regulation of fuel prices could lead to a serious destabilization and gradual degradation of the market, according to A-95 consulting group.

According to the group, the proposal of the ministry to separately calculate prices for imported and domestic fuel and consider the prices of imported fuel the minimum and the price of Ukrainian fuel the maximum would be fair only in the periods of a fall in the market prices, when less inert prices of Ukrainian fuel traditionally lag behind the swift pace of fall in the prices of imported fuel, which are pegged to the international oil market.




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