Russian President Vladimir Putin has dismissed Ukraine's alleged efforts to spread fear inside Russia, declaring that creating panic among Russians is "an impossible task." Speaking during a meeting on fuel supplies and logistics, Putin accused Kyiv of trying to damage Russia's economy and disrupt daily life, particularly in Crimea. He insisted that Russia's power system has one of the world's highest safety margins and said the government would move quickly to stabilize fuel supplies and support affected regions. The remarks come as Ukraine continues long-range strikes targeting Russian military and energy infrastructure.
The discussion focuses on addressing fuel shortages and price spikes in Russia, particularly in Sevastopol and the Irkutsk region. Officials emphasize the need for government subsidies to lower consumer prices, improved logistics to counter enemy attempts to destabilize the economy, and better cooperation between vertically integrated oil companies and independent gas stations to ensure stable supply.
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It is absolutely clear that the enemy aims to damage the economy,
but most importantly, they aim to create a nervous atmosphere in society.
We understand that this task is impossible. The safety margin of Russia's power system
is very high, one of the highest in the world. We just need to organize the work with
vertically integrated companies to reach agreements faster, so that they do not
hoard the product exclusively within their own distribution network, within their gas stations,
but would supply the necessary products to independent gas stations.
Yes, and Kobyzev's proposal should also be considered, and we must expand the opportunities
for small and medium-sized businesses to produce petroleum products as quickly as possible.
The situation on the peninsula in Sevastopol remains complex.
Sergei Valerievich and I report to you constantly. You are aware of all the difficulties,
so I will not dwell on them in detail. Now, thanks to the colossal efforts of the transport sector,
as Andrei Sergeyevich mentioned, logistics are being maintained with the military's help,
and supplies are increasing. Nevertheless, it has not yet returned to a normal state.
For example, Sevastopol currently receives on average only one-third of the city's daily needs.
Of course, as Alexander Valentinovich said, we primarily supply essential services,
and when some volumes accumulate, we then release fuel for limited sale to the public.
But that is not even the main problem right now, Vladimir Vladimirovich, you are aware of it too.
Unfortunately, it so happened that there were no gas stations of vertically integrated companies
on the peninsula. Only large private traders are operating there. And due to logistics difficulties
as well as issues related to exchange purchases, the price on the peninsula has now more than
doubled. For example, the most popular 95 octane gasoline costs 197 rubles at official gas stations
today, while at vertically integrated company stations in the neighboring Krasnodar territory,
it is 73.5 rubles. We have appealed to the government of the Russian Federation and have
received preliminary support from our Ministry of Energy to establish a subsidized price for
gasoline during this period, so our gas stations can purchase it and supply the peninsula.
This would significantly ease the situation right now, and then we will manage the logistical
challenges. That is all from Vladimir Vladimirovich. Yes, Alexander Valentinovich Novak,
please respond to this. Go ahead. Yes, Vladimir Vladimirovich, the governor is right that there
are no vertically integrated companies there. Historically, there have always been private
companies that handled supply and accordingly sales through their own gas stations.
Currently, the resources supplied to Crimea and Sevastopol come from vertically integrated
companies because we have no other resources. Fuel producers at oil refineries are exclusively
our vertically integrated companies. And due to the complications in logistics,
for obvious reasons, routes and delivery methods have changed.
So fuel, of course, now costs more than in other regions, even at cost price. But that is the first
factor. The second factor is that due to the shortage, the resulting prices are higher than
the cost. And this is more of a market speculative factor. We are looking into this together with the
Federal Anti-Monopoly Service. Overall, if we talk about leveling it to a relatively economically
justified level in line with other regions, then, of course, such subsidies are required for the
regions. And we are ready to review this situation together with our colleagues from Crimea and
Sevastopol. Yes, but let us agree that the wording will be different, not just ready to consider,
but to consider and make a decision as quickly as possible. No need to delay. All right,
especially since we do have such opportunities. The situation in the Irkutsk region is difficult,
but at the same time, it is under control and manageable. We are working in close
contact with Alexander Valentinovich, with our colleagues at the Ministry of Energy,
and with the Rosneft company. As you mentioned, we have already concluded a number of contractual
agreements today between independent oil companies and Rosneft, which allows us to
understand what the projected situation will be. All right, but you confirmed what I said, right?
The interaction between major companies, Rosneft in particular, and the region.
Sergey Yuryevich, Igor Ivanovich and I are in constant contact. Indeed, at a certain stage,
he helped us. Well, I understand, Igor Ivanovich, that you did not expand the gas station network,
but increased fuel supplies to the existing gas stations, right? Yes, yes, yes. But the fact that
at a certain stage, starting from May, the volumes that were paid for through the exchange
were simply suspended. And today this situation has begun to improve. The subsidy we are requesting
from the government is around 85 rubles per liter of fuel. Give or take. We must, of course,
provide for them. Thank you very much. We must, of course, provide for the needs of government
agencies, law enforcement and security services. That is obvious. And keeping in mind that
citizens should not feel any significant burden, a decision on subsidies should be made as quickly
as possible. Alexander Valentinovich, please work this out with the Ministry of Finance,
and if any support from my side is needed. Although I think the Ministry of Finance understands
everything as well. These are temporary matters. These are completely obvious things, also related
to actions to disrupt the evacuation season, the evacuations of our citizens in the south of the
country, including in Crimea. But actions to support the people who live there and those who
came for evacuation must be carried out now, not sometime later. We need to make these decisions
as quickly as possible, calculate them together with colleagues from the region, and make a
decision. It is absolutely clear that the enemy aims to damage the economy, but most importantly,
they aim to create a nervous atmosphere in society. We understand that this task is impossible.
The safety margin of Russia's power system is very high, one of the highest in the world.
We just need to organize the work with vertically integrated companies, reach agreements faster,
so that they do not hoard the product exclusively within their own distribution network,
within their gas stations, but would supply the necessary products to independent gas stations.
Yes, and Kobyzev's proposal should also be considered, and we must expand the opportunities
for small and medium-sized businesses to produce petroleum products as quickly as possible.
Do everything possible to ensure that everything functions normally for us.
As the Minister of Agriculture reports to me, there are no supply problems in the agricultural
sector at this time. Everything is provided for there, and I hope it stays that way.
I ask you to make prompt decisions, and Alexander Valentinovich and the Minister of Transport,
you must report to me and the Prime Minister on an ongoing basis, of course.