Government considering proposal for a moratorium on zeroing out the fuel damper
Russian Deputy Prime Minister Alexander Novak said the government is considering a proposal to introduce a moratorium on zeroing out the fuel damper mechanism. The damper, in effect since 2019, pays oil companies to keep domestic fuel prices down when export netbacks are high, but is not paid when exchange prices exceed normative thresholds. A previous moratorium was introduced from October 2025 to May 1, 2026 amid record fuel prices on the St. Petersburg exchange.
Dilnoza Rahimova









