Starting from today, Gazprom Neft cuts down winter diesel and aviation kerosene prices for the products marketed in all sales sectors from large-scale wholesales to retail. The leap was taken to steady the Russian oil products market, and the reduction of large- and small-scale wholesale winter diesel prices reached 1,500 rubles per ton in the regions of Gazprom Neft's activities. The retail chain reduces winter diesel prices correspondingly by at least 1 ruble per liter. The cost of jet fuel sold by the Company on an into-plane basis is reduced by 1,000 rubles per ton.
In early February, Gazprom Neft already reduced winter diesel prices by 1,000 – 1,500 rubles per ton as compared to the peak levels of this January. Concurrently, despite the persistent growth trend in jet fuel prices at the local market, the Company set a moratorium on aviation kerosene prices increase.