At the proposal of the Ministry of Energy of Ukraine, the Government has refined the methodology for calculating minimum fuel stock levels, specifically regarding the mechanism for determining market prices for oil and petroleum products.
The relevant amendments were introduced to the Cabinet of Ministers’ resolution on the functioning of the system of minimum stocks of oil and petroleum products in Ukraine.
The previous version of the methodology did not fully reflect current market price indicators. The updated provisions incorporate references to the methodology established under the Law of Ukraine “On Minimum Stocks of Oil and Petroleum Products,” ensuring the proper determination of market value.
The adopted resolution establishes clear timelines and procedures, making the process of determining the market value of minimum oil and petroleum product stocks more transparent and efficient.
