tv [untitled] May 6, 2022 10:30am-11:00am EEST
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there was also a blockage of the supply of fuel by sea before - says the virus, he voiced a forecast that the market will adjust in the near future and supplies from europe will be rhythmic no more rhythmic, well and further - this is the short one, it is possible within a week the situation will still be tense, but an improvement is expected from the middle of may because it is going the resource that has already been contracted and transported to ukraine is expected that the situation will improve in the second half of may, said giroft, and i wanted to ask our guests a question whether he is telling the whole truth gerus, is it just a matter of destroying oil bases and building new supply channels for this gasoline ? do we have aggy and gennady on the phone? we will wait 20 seconds until they are joined by a terrible embargo and a new portion of sanctions. these are the headlines. i read them. what else can we discuss with our guests? well, the main thing is that we would like to know what will happen with gasoline
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, because now it is very problematic to fill up the car. and there is also the issue of prices. what will happen next? hmm , agia zagreb is already with us, a lawyer, a state representative of the anti-monopoly committee 15- 19 years, and i congratulate you, i congratulate you. good day. well, many people blame the experts on energy issues and gennady. we congratulate you on the shortage of gasoline . fuel. and i know that gennadiy ryabtsev is such a supporter, so to speak, of the regulation of a heavy hand in this market , ms. aggie, and what do you think, is it possible to somehow control this market with antimonopoly methods and make it so that, well, at least gasoline you can also buy diesel, please, how are we there ? borscht, we didn't talk anyway, the first reason for the
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deficit we have and the prices we have, it's still russia, it's the blows that were carried out from one side, from the other side, our import dependence from a russian and belarusian resource but of course there will always be players playing on this and our fuel market has always been highly concentrated, a limited number of participants are present on it, these participants who are present on it are regularly caught by the antimonopoly by the committee on cartel conspiracies, and this is not a peculiarity of ukraine, not really, that is, any country in the world where there is a more or less weak competition agency, we will observe cartel conspiracies in the fuel market, and at the same time, this effect of cartel conspiracies is usually described as a principle feathers and rockets, that is, what does it mean when prices on the world markets or when there are objective reasons for growth and fuel prices fly up into the mountains like a rocket, but when these reasons disappear, they
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fall down like a feather. this the principle of feathers and rockets regularly observes me on our market dealing with this problem, and they hear it for a long time, that is, in order for the antimonopoly tool to work, it will take at least several months , at the same time, we have an acute problem that must be solved in the coming weeks, and accordingly today , unfortunately, this tool of the state regulation seems to be the fastest possible, but at the same time there is a problem that the state regulation of prices that works today on the fuel market does not significantly correspond to the realities that exist because in different regions of ukraine the components of the cost of fuel are completely different , and the price that is set, it actually corresponds to the average temperature in the palace, and besides
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, this state regulation of logistics does not take into account the fact that today, unfortunately, most of the fuel for a certain period of time was transported precisely by road transport. and those costs which were taken into account in the state regulation, they were usually a method of logistics. that is, it was the sea and the railway. yesterday, the senate judiciary committee voted for a law that removes the antimonopoly immunity from the opec cartel is actually historic things are happening today in the world market of antitrust instruments, let's see if the congress itself will vote for this law in ukraine. accordingly, we must also tighten the antimonopoly committee to work, but it is clear, we do not see activity in return . and a historic decision, i'm sorry
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, i didn't hear you say that a historic decision is expected, so what will be the effect of it yesterday was adopted by the judicial committee and we expect that in the near future it will be considered in the congress for 22 years, if not more than 20 years, and i tried to adopt this bill in the united states . the opec cartel is the criteria that includes and does not include the largest producing countries in the world, this is saudi arabia, this is the united arab emirates, iran and cancer, qatar and a number of other countries, russia is a country that actually cooperates with this picture of opec saudi arabia is the leader of this cartel. for many years, these countries have been meeting among themselves on a regular basis and thinking about how much oil they
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will sell on the market and in this way influence the prices, because thanks to it, it is precisely their decisions that, to put it simply, have mostly increased the price of oil on world markets and the word is a critical sound of punishing so that it is not the countries that negotiate, but private companies in the united states, great britain, and the european union, they have long been behind bars and paid significant sums losses due to the fact that the countries agreed, in fact, it was exempted from antimonopoly prosecution, now the usa is withdrawing this, and i want to withdraw this entomonopoly immunity, if they do it, then in fact on the territory of the united states, and then we will see similar ones in great britain, the european union, or they will have to
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stop to agree among themselves or against them these antitrust investigations and endanger themselves because each of these countries has assets in the territory of the united states and other countries and accordingly it as the lobbyists of this law say that the goat is the most effective tool that the world once invented in order to reduce oil prices, which means to reduce fuel prices, that is, in fact, they expect what they expect . you have to connect to the conversation and return more to our ukrainian land. i will read one more quote, said the head of the humanitarian staff of the kyiv region, the former head of the region, oleksiy kuleva. he said that soon the fuel shortage will be covered, but fuel prices
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will rise, what will he say? the occupiers are destroying our infrastructure, and this is causing difficulties with the supply of goods. of course, this also applies to fuel during the war . is the only supplier of fuel will be the european union and, accordingly, the price of fuel will be on par with neighboring countries. i understand correctly that the price in a neighboring country is 2 € , it seems that in poland it will cost 2 € in us now gasoline will cost, and why then mr. koliba does not say that, well, in our country, fuel sellers are exempt from paying excise duty, unlike our neighbors , and value added tax, instead of 23, they pay seven, i don’t know how much they pay there in neighboring poland or slovakia i am asking you for a word, first of all, i am very sorry that agia does not have a monopoly committee, because when the old warehouse was there, there
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was work then, and now someone has heard something about the work of the antimonopoly committee. it is really interesting to talk about p kulebu, it is really interesting in european states, during the sad structure, it is from 50 to 65, and that is more percent in now, in hm, only 7% vat remained from taxes, so, pa, there was a little break from the conversation connection, that is, these in the structure of the final final price of taxes in europe are 50%. correctly so more than 50%. and in our country it is 7%. that's why to say that we
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have equalized prices should be equal well, you can't say that we can have equal prices without taxes, that's really how they are with us and so were always the same as in europe. if you remove taxes, if you take it. here are the various ratings and everything else. if you remove taxes from the price of ukrainian fuel, then we were somewhere inside the list of all european countries. of course, now there are increased costs for logistics because in transportation is mainly carried out by road transport, so delays in the supply of petroleum products have definitely increased, because long queues have formed at checkpoints , and gas trucks for some reason still do not have a green corridor
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so there are problems even with allowing drivers to enter the european union because they are all conscripts and some of them have problems with alimony and loans there and they may not have biometric international passports or not all of them have these passports they are needed to receive but well, this is all the problems that arose not yesterday and not a week ago about the fact that the russian federation is going to destroy the entire structure of the critical energy infrastructure, they knew these plans and the first oil depot caught fire just a few days after the start of the russian
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aggression, the main missile strikes were carried out by the russian federation against oil infrastructure facilities at the end of march and the beginning of april. didn't anyone then understand that we might have problems? why did this issue get on the government's agenda only a week ago? there is an assumption because these same traders who are now setting the prices somewhere in dnipropetrovsk region at uah 99 per liter and then say that this is an electronic failure, they assured the government that everything well, they only need to increase the guaranteed profit there in this methodology used by the ministry of economy and everything will be fine. they will pour fuel into ukraine, but these promises are empty promises and no one bears any
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responsibility for their observance, and someone believed the government and some traders simply did not fulfill the promise this was possible in peacetime and it is very good when they talk about the fact that the government is doing something there, and i would be interested simply as a professional expert to know what exactly the government did to prevent this from happening and what exactly it is doing right now to has not been repeated and when i try to find answers to these questions, i do not see any, although i have quite good sources of information. and what forecasts do you have? based on information, unfortunately, there is no reason to say that the fuel situation will improve in the near future and prices will rise and
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fuel problems will persist until finally the government will not understand that now is a war and those approaches that were used earlier in peacetime, these agreements in this side meeting and these, i don’t know, there is hope that the market will settle everything independently, this is in the past, we need other steps , we need other e-e regulatory tools and we need other other information, we need independent sources of information, because the information that the government receives now comes directly from the market participants themselves, that is, the market participants told us this is the structure of the price for one good this is the price structure, the suppliers said that we contracted for such a quantity of fuel and it is about
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to come, it is about to come, and the government believes , and from its own information, its own forecast balance actually information about how much petroleum products are needed, who needs them, where they are, where they need to be delivered, this is a decision of such information, uh, what do we have with this very sixth package of sanctions, then even i apologize for the package of sanctions, after all, the parliament, the monopoly committee, i was found by olha stanislavovna stanislavivna pischanska, it is headed by a person who spent some time in kryvyi rih, she herself worked for arcelor-metal kryvyi rih and then the investment-holding method, i.e., in the great combines, she worked there, and they even called her one of the football players, including with rynat akhmetov , that is, at his enterprises. and they called her almost one of the sponsors of the election campaign there of one
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political force, i will not name her so that we will not be accused of political criticism. the effectiveness of the work of the current composition of the antimonopoly committee, to simplify something, i have already arranged for her own sister the villa of the zelensky family in italy, that is , we know that it is very close to volodymyr oleksandrovich volodymyr, i'm sorry. also , today the monopoly committee is another leader . just a couple of weeks before the invasion, the lawyer kolomoisky was appointed, who won kolomoisky's lawsuit on the fuel market and the fuel cartel. i understand what is being done, the monopoly committee was a rather inconspicuous body in ukraine for a long time, but still, the antimonopoly committee worked at least somehow yes, i
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i want you, we don't see any results today . unfortunately, we don't see any, and we know that for two years the antimonopoly committee has been in what stage of renewal. no formation. then there is an update again, and the only thing we observe is that today the antimonopoly committee demands a salary increase of more than 10 times. on the one hand, and on the other hand, that today a legislative initiative is being promoted that will prohibit any citizen of ukraine as a consumer from contacting the antimonopoly committee with complaints, so that's all, in short yes what we see in the antimonopoly committee of the countries of the european union are almost ready to agree on a new package of sanctions against russia, in particular, it is about the oil embargo, this was said by the eu high representative for foreign policy, jose borel we need this agreement so that we all must increase the economic and financial pressure on russia even more,
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borel says, well, will there be this agreement or will there be this agreement and will there be this pressure, please mr. gennadiy and when it will be like that, of course, i won't say that tomorrow and i won't say that this pressure will intensify next week, so far, the terms of the introduction of this embargo are being discussed, some countries of the european union will end the embargo, i love oil and petroleum products from the russian federation or of russian origin, by the end of this year, for some countries, most likely, a postponement will be introduced for a term of up to 20 months, and maybe even more, and these postponements, in my opinion, are objective
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, because this policy of the european union, which was the involvement of the broad involvement of russian companies in joint projects. hopes that russia will change its geopolitical course. it is a wrong policy. it has led to the fact that a large number of european states are now significantly and extremely dependent on the supply of oil raw materials and natural resources. this is based on 85 and more percentages, and that is why the negotiations are progressing so hard, as for the oil and especially the gas impoverishment, which is felt to be pushed further and further away from acceptance in the near future
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to what extent is it an embargo, we are so waiting for it, because this sixth package is how terrible it is for russia in terms of economic pressure. i think that it will be accepted . i agree with the gymnasiums here that it is most likely the four countries that we are talking about. they receive a longer transition period, but there there is one more important thing about this oil embargo. we already know from this information published by the western publication that, among other things, a certain form of ban on shipowners to transport russian oil is foreseen. that is, there will be difficulties during insurance during the receipt of brokerage services and if it is also voted on, then in fact the embargo that will be adopted will apply not only to the countries of the european union, but it will make it even more difficult for the purchase of russian oil even by the asian market, because most of the shipowners are greek or cypriot companies
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or those which are registered in individual countries of the european union, in addition to this, if we look today at what is happening on the oil market, we will see that although they do not exist, it is actually in the hybrid form, the canapé already costs $70. we are talking about the urals, compared to the oil of other countries, which costs more than 100 dollars. that is, these are significant discounts on russian oil because of its toxicity, because no one wants to buy it, and we were talking about whether india will buy russian oil and on what conditions today already tells russia that it will not buy its oil for the first 70 dollars , that is, even for 70 dollars, they no longer want to buy .
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is observed regarding russia's relations with the countries of the middle east why because russia used to sell its oil on the western market today on the western market it can no longer sell oil in such volumes because for example, consider the amount of russian oil consumed by germany by 70% since the invasion. and we can see this in other western countries, and russia is forced to sell its oil on asian markets, and with such discounts, as i said, and on asian markets, for the most part, they sold just their own oil arab countries, i.e. countries of the middle east , countries of the persian gulf. and today we actually observe how russia not only entered their market, but also starts pinging there, which is also not particularly to everyone's liking, so in fact, except for the oil invark, which i am convinced will be accepted by may 9 there is a lot, believe it or not, in addition to the oil bank, there are such tectonic processes taking place in the oil market that
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cause even more damage to the oil interests of russia and limit its influence and its earnings on the oil market. and how retail prices for fuel in europe may change even after this sixth package of introduction. well, in general, after the war in ukraine began , some of this european fuel is now going to ukraine and the market is freeing up, that is, will there not be a shortage there and will not raise the price i would like to ask about the lack of fuel. i would not say here that there will be enough fuel in european countries, including on the free market. although now a large number of countries are replenishing their strategic reserves, e-e, in view of the military risks geopolitical ones have significantly increased, that is, there will be no problem with the
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lack of fuel, the problem will most likely be a wall, we see that these same geopolitical processes have led to an increase in oil prices there somewhere from 80 to 1000 dollars per barrel if we talk about brand, but eh well, this has already happened, the actual price increase has already happened, certain logistics chains are becoming more complicated, because oil bargo is basically a reduction in pipeline supplies, usually cheaper than sea supplies, but it is a few percent of the price that's why i don't think so. i'm convinced that a significant increase in the cost of oil products on the european market will not happen, precisely
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because of this change in supply chains, but with regard to ukraine, unfortunately, i can't say that. and what is the average price of 95 gasoline today in europe, in european countries, and how does it change depending on the region, if you say on average , the average temperature in the room is 1.80. well, the highest prices are in the scandinavian countries, and the lowest there are closer to the east to the east. south-eastern europe, but still, the price is quite high and it is higher than it was in the past or the year before last, it will increase . an average
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ukrainian, if you can call it that, could get, could buy for an average wage, much less head than the average such an average pole or even a romanian, and here it is precisely because of this that the presence of the state and energy in all markets without exception, including the market of oil products, because without such intervention they will not be able to set such prices that are equally suitable for both suppliers and consumers. i would also like you. do you have anything to add? i also wanted to remind you that we mentioned that the country is replenishing its strategic reserves. and by the way, this is very important. ukraine must be a reserve strategic reserve. for example, as we have seen
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now, when countries were released from strategic reserves of e-e oil in order to influence the price, and here in ukraine there is still no such reserve strategic reserve, that is, as far as i remember. since the 15th year, while working on the monopoly committee , we wrote and talked about the fact that this reserve should be created. we shouted the process in the 19th year, it’s always the same . we shouted about it two or three months before the invasion, what should we do with a strategic fuel reserve? it should be in the country , especially in a country that has been at war for 8 years. but we still don’t have it. and this is also a big problem. who which ministry or agency is specifically responsible for this? we wrote recommendations to the cabinet of ministers. it is probably the ministry of defense . because during the war, you really don’t have a reserve. if we are talking about mobilization reserves, well, then this is the responsibility of the state reserve, and it was he who
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was entrusted with the authority. regarding the preparation of regulatory acts aimed at creating the same minimum reserves of oil and petroleum products. well, next is the ministry of economy. because the state reserve is subordinated to the minister of economy is managed through the minister of economy and the ministry of energy as the body that forms policy in this sector. well, about two years ago, this revised draft law on minimum reserves went to the ministry of economy, then to the ministry of energy , and then this project went to the verkhovna rada there in this andriy zhupanin took care of these questions, but that's how it ended. let's take a minute to say the main things about this topic, what is there and what should be done,
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please, madam, and of course i am an adept of the competitive market and antimonopoly policy by effective i mean strong people and we will not untie their hands and give them the opportunity sorry to drive violators of phantom monopoly legislation monopolists and cartels we will not have any effective reconstruction of a developed economy a-a reasonable fair prices for fuel and other key products because from work the antimonopoly committee primarily depends on how business will develop in ukraine, what investments will be in ukraine, what prices will be in ukraine, and what jobs will be in ukraine for ukrainians. the first body that stands in these in this economic picture is the antimonopoly committee , that's why i'm asking a lot here. i understand that today we still have officials saying that there is a war, that's why there is a monopoly committee. and in general, that's all that immediately it is not important because of the competition, but in a
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month or two when we win the first body where all eyes will be directed, it will be the antimonopoly committee, and today it is necessary to prepare everything in order for the committee to be able to enter the market and work effectively family ties they are eternal therefore, i do not know whether the situation will change, please, firstly, the balance, the forecast balance of oil products under various scenarios of the development of events, how much oil products are needed, in which types and who exactly needs them, and secondly, the distribution of these same volumes among market participants, according to their particles on it the third removal of all problems of all expansion bottlenecks
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