Photo: Anton Belitsky / TASS
Association of independent sellers of petroleum products reported a fall in the profitability of work in retail to almost zero in the first quarter of 2017. Earlier the desire to get rid of the retail network due to the fall in margin has told a source in LUKOIL
According to the calculations of independent sellers of gasoline in the first quarter of 2017, the marginality of their business dropped to almost zero, writes “Kommersant” with reference to the presentation of the company “Independent fuel Union” (STC).
According to the calculations of NTS, the profitability of sales of petroleum products in retail, which in the previous two years of just over 2 thousand rubles. per 1 ton of fuel, in the first quarter of 2017 fell to 8 rubles. for 1 ton (without VAT).
In the presentation of the independent fuel sellers says that in 2007-2009, the marginality of their business amounted to 25-26%, in 2014 it has fallen to 13%, and in 2015-2016 amounted to 17-18%.
In this case, from 2015 to 2017 the excise duty on petrol Euro-5 increased by 62,7% (3.9 thousand rubles per 1 ton, or about 3 rubles. per 1 liter), met in January 2017, has reached the level of 8 thousand rbl. for 1 t (about 6 roubles for 1 litre).
In 2016, the growth of wholesale gasoline prices amounted to 24.8%, while retail grew by only 5%. “Retail prices have not even covered the Delta increase in met and excise tax” — believe in the NTS.
To remedy the situation, the NTS offers to release the money, to abandon the rigid fixation of petroleum products which oil companies are required to sell through the exchange, and to create uniform conditions and rules of the game for all participants, the newspaper writes.
As previously wrote RBC, the oil company LUKOIL, which owns 2544 gas stations in Russia, is exploring the possibility of selling up to 30% of the network. According to the interlocutor of RBC in the company, nearly the whole network of petrol stations of LUKOIL in Orenburg, Vladimir, Kostroma, Orel, Bryansk regions and the portion of the assets in the Moscow region and in the Chuvash Republic.
The source in LUKOIL the main reason for this step is called the fall in the profitability of retail. The interlocutor of RBC called almost identical with the data of NTS numbers: in 2016, the average margin of petrol stations in these regions reached 2 thousand RUB from 1 ton of sold fuel, and according to preliminary results of the first quarter of 2017 due to the tax maneuver and increase the excise tax fell to 250 — fold to 8 rubles. for 1 ton
According to the interlocutor of RBC in LUKOIL, an acceptable level of profitability of the filling stations in these regions would be achieved if the government is allowed to raise the price to 5 rubles. per 1 L.