The average decrease compared to the month of July 2008, is 10% for gasoline, 15% for diesel, 4.2% for jet kerosene, and 5% for fuel oil.

Gazprom Neft believes that lower wholesale prices for petroleum products will lead to lower retail prices at gas stations in the near-future.

The company owns a retail network of gas stations in 17 Russian regions and sells petroleum products produced by three refineries located in the Omsk, Yaroslavl, and Moscow regions.