A blow to Neste from Orpo’s board? “A good reminder for investors”

As the parliamentary elections approach, the sharp increase in the price of oil and thus the pump prices of fuel has made politicians the prime minister Petteri Orpon (kok) up to the government to think aboutshould the pain of fuel users be eased somehow.

News Manager Maija Vehviläinen asked Kauppalehti directly Economic morning on Tuesday, what kind of risk lowering fuel prices through political decisions would be for the fuel company that benefits from the price increase Liquid from the side.

“For Neste, which operates globally, the Finnish market is not necessarily very significant in terms of business. But for Neste investors, this is a good reminder that there is a political risk associated with Neste,” said Vehviläinen.

However, he stated that talks about lowering fuel pump prices through political measures should be treated with caution. For example, OP’s analysts have estimated that lowering the distribution obligation would not necessarily affect pump prices very much. According to Vehviläinen, it’s more about wanting to show the voters that something has been done.

“This is a global market. It can be a bit difficult for an individual state to intervene with policy measures,” Vehviläinen reflected.

However, according to Vehviläinen, the risk lies in the fact that other countries, for example in Europe, would also take action.

“At the same time, there is the same political pressure in the United States that fuel prices will rise. There is currently a diesel export ban planned there, which of course can affect prices in Europe as well,” Vehviläinen noted.

The economic morning was hosted by a reporter Heidi Huotilainen.

You can watch Tuesday’s Economic Morning in its entirety below.