A worker fills a car by gasoline at Rosneft gasoline station in Voronezh city of Russia.
Photo: Oleg Xarseev
|
 |
Oilmen Caught in Gasoline Collusion
The antimonopoly authorities of Russia have blamed the price collusion on oil companies, which hiked gasoline prices in the Far East and Siberia. The most frequent violators are Rosneft, LUKOIL and Gazprom Neft, RBC Daily reported.
Gasoline prices have surged 12 percent to 20 percent in the Far East and Siberia since early this year, the Federal Antimonopoly Service announed, pointing out that the prices have increased 9 percent at the most in other regions of the country. A few cases of cartel collusion were revealed on petroleum market, the bureaucrats specified.
In Rosneft, they deny the accusations of antimonopoly authority. “We have never been involved and aren’t involved in any price collusion, we are always acting in conformity with Russia’s laws,” Rosneft Information Department chief Nikolay Manvelov told RBC-Daily, adding that they will thoroughly study the accusing documents and respond to them.
The penalty imposed on the antimonopoly violators is tough. A company will part with 4 percent of the annual revenues for the cartel collusion in Russia. The amount will be 10 percent in the west, said Federal Antimonopoly Service deputy chief Anatoly Golomolzin.
www.kommersant.com
|
|
|
