Sergey Kazaryan | comments for the Vedomosti: FAS has opened an investigation against Surgutneftegaz

Investigation is initiated against Surgutneftegaz on the grounds of violation of the antitrust legislation, announced 16 February the Federal Antimonopoly Service (FAS). The release specifies that the authority, as early as the end of 2021 on the basis of results of an audit, sent the company a notice demanding to rectify the breaches, but it was not complied with.

In all likelihood, the company will receive another notice that will oblige it to send commercial offers for entering into long-term contracts for motor fuel supplies, adds team leader of ART DE LEX Antitrust Regulation Practice Sergey Kazaryan. In the lawyer’s opinion, to avoid a penalty, Surgutneftegaz will have to prove lack of available volumes [of products] for supply. “The company will have to confirm that the requested volumes have already been contracted or are traded on exchanges”, he added.

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