LUKOIL ALIGNS TRADING POLICY WITH RUSSIA FEDERAL ANTIMONOPOLY SERVICE
Wednesday, April 2, 2014
ОАО LUKOIL has aligned its trading policies in the area of automobile-gasoline and diesel-fuel wholesale trade in the Russian Federation with the Federal Antimonopoly Service of the Russian Federation (RF FAS).
The trading policies outline the basic trading principles of LUKOIL Group organizations: priority supplies to the RF domestic market, guarantees of non-discriminatory terms for the customers and information transparency of its automobile-gasoline and diesel-fuel sales in the RF wholesale markets.
“Development of the trading policies and their alignment with the RF FAS is in the interests of all players in the wholesale market of automobile gasoline and diesel fuel. Besides, opportunities are created for further promotion of the competitive environment,” Vladimir Nekrasov, First Vice-President of OAO LUKOIL, commented.