Russia's FAS Proposes 4.99% Transneft Oil Tariff Hike from 2027

Russia's Federal Antimonopoly Service has proposed raising Transneft's oil transportation tariffs by 4.99% effective January 1, 2027, per a draft order. The increase is modest and likely reflects inflation adjustments, with no immediate market impact. It signals continued regulatory oversight of pipeline tariffs, potentially affecting Russian oil producers' netbacks and export competitiveness.