Russian fuel ranks second cheapest in Europe - Information portal

Russian fuel ranks second cheapest in Europe

11 Февраля 2020, 14:42
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Russian fuel ranks second cheapest in Europe

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Russian gasoline prices rank second cheapest in Europe after Kazakhstan.

At the same time, Russia is No 17 in the gasoline affordability rating based on the average monthly earnings of citizens. About 884 liters of octane-95 gasoline can be bought for a Russian resident’s monthly salary. The gas affordability rating is led by Luxembourg (about 2,800 liters of gasoline), while Ukraine hits rock bottom at as few as 311 liters.

According to RIA Novosti news agency, the rating is based on octane-95 gasoline price statistics in European countries as of mid-January 2020. For Ukraine and Kazakhstan the statistics is based on the figures as of end of December 2019, for Norway - November 2019. The prices are calculated in the respondents’ national currencies.
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