FAS: Gazprom Neft, Rosneft, Lukoil, BP-TNK Holding and Surgutneftegaz dominate at Russian crude oil market
Edited by Rhod Mackenzie / 2013-06-07 04:43:42
The Federal Antimonopoly Service (FAS) has decided that Gazprom Neft JSC, Rosneft JSC, Lukoil JSC, BP-TNK Holding JSC and Surgutneftegaz JSC are guilty of domination at the Russian crude oil market. Their total share at the Russian raw oil market exceed 70%. Each of them share over 8%, that is more than the shares of other entities at the Russian raw oil market.