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1 November 2018, 14:05

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Lugansknefteprodukt slashes prices at petrol stations across LPR

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LUGANSK, November 1 (Lugansk Media Centre) - The state-owned company Lugansknefteprodukt has slashed petrol and diesel fuel prices at its outlets across the Lugansk People’s Republic, according to a fuel price survey conducted by the Lugansk Media Centre.

Earlier, Lugansk People’s Republic acting Head Leonid Pasechnik said that the LPR would reduce fuel and lubricants prices to approximately the Russian level starting November 1.

On November 1, Lugansknefteprodukt petrol stations sold A-92 petrol at 46.5 rubles per litre and diesel fuel at 49.5 rubles per litre.

Personnel at state-run petrol stations said that further decreases in prices could be expected and that Lugansknefteprodukt outlets were not experiencing any fuel shortages.

 Meanwhile, minimum price cuts were observed at private petrol stations which reduced prices of all types of fuel by one ruble only.

In unscrupulous practices, some private outlets hiked their prices several days ago to cut them to the previous level on Thursday. A number of private petrol station staffers said that fuel prices would be reduced later in the year.

 In Russia’s Rostov region, A-92 petrol sells at 43 rubles per litre and diesel fuel at 45 rubles per litre.

Earlier, the LPR Council of Ministers passed a tax incentive resolution which cut the excise duty on light petroleum products from 150 US dollars to 50 US dollars per ton.

LuganskMediaCentre — 01 November — Lugansk