Russia Opens Antitrust Case Against Gazprom Over Withheld Gasoline Sales ...Middle East

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Russia Opens Antitrust Case Against Gazprom Over Withheld Gasoline Sales
Russia’s Federal Anti-Monopoly Service (FAS) has launched a formal case against a Gazprom subsidiary for sharply reducing gasoline sales on the country’s main energy exchange, as the Kremlin weighs curbs on fuel exports to ease surging domestic prices. In a Friday statement, FAS accused Gazprom’s oil-products trading unit of slashing sales of Ai-92 and Ai-95 gasoline on the St. Petersburg International Mercantile Exchange by 74% and 50%, respectively, between May 20 and June 27. The agency said such a drop “in the high-demand…

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