National Joint Stock Company Naftogaz of Ukraine initiates creation of the fuel reserve in order to influence the price situation on the market, adviser to the company president Felix Lunev told the seventh annual conference named "Market of Oil Products of Ukraine: Structure, Trends, Marketing and Technologies," UKRINFORM reports.

According to him, the NJSC intends to discuss this initiative with the Energy and Coal Industry Ministry. "This is the most civilized and economically clear way so that the state could in case of deficit and price jumps enter the market with the volumes...in order to avoid this," Lunev said.

The Naftogaz President Adviser also noted that there are several methodologies, allowing creating this reserve. "We choose a model, we will perhaps take a month or two for this, and will submit it for consideration of our branch ministry," he said.

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