MOSCOW, Oct 12 (Reuters) - Russia on Sunday suspended until May a reduction in the fuel damper payment subsidy to oil refineries, Russian news agencies reported.
The damper is a payment to refineries to encourage them to sell their product on the domestic market instead of exporting it for a higher price.
According to a Kremlin decree published on Sunday, the fuel damper payment will be calculated without the inclusion of a deviation threshold for gasoline and diesel from October 1 to May 1.
The decree also exempted from excise duty the production of winter fuel oil by means of mixing its other varieties with jet fuel outside oil refineries.