BAKU, Azerbaijan, Aug.30
By Sadraddin Aghjayev - Trend:
Aviation kerosene remains the main problematic link in the oil industry, Deputy Director General of the Institute of National Energy of Russia Alexander Frolov told Trend.
"The global market for oil products is gradually recovering, and the main problematic link in this industry is aviation kerosene. Due to the fact that the borders are closed, the demand for jet fuel is at a level lower than it was before the pandemic, and the demand for this type of fuel can only recover in the coming years," he said.
According to Frolov, the demand for motor fuel exceeds pre-pandemic indicators.
"To a large extent, the closure of borders has influenced the growth in demand for gasoline and diesel fuel," he said.
Frolov stressed that in a number of countries, there was a rise in the price of such a type of fuel as propane, which is used as an alternative fuel for automobiles.
"The rise in prices for this type of fuel among its producers occurred due to the fear of its possible shortage," he said.
The institute’s deputy director general emphasized that while maintaining the current situation and trends, the achieved stable values of the cost of petroleum products will continue to remain within the current values.
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