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Rosneft-Vostoknefteprodukt will allocate additional volumes to supply fuel to retail chains under pressure from OFAS Primorsky Krai

The Office of the Federal Antimonopoly Service (OFAS) in the Primorsky Territory has initiated a case against LLC RN-Vostoknefteprodukt (a subsidiary of Rosneft in the Far East) on the fact of restricting the shipment of motor gasoline to independent fuel companies in Primorye.

The case was initiated under Part 1 of Article 10 of the Federal Law "On Protection of Competition" following the results of an audit based on requests from owners of independent gas stations, as reported by the press service of the Primorsky Territory Administration.

"Such actions can lead to restriction of competition in the fuel market," the OFAS explained.

The antimonopoly authority believes that RN-Vostoknefteprodukt artificially restricted shipments to independent companies.

The report notes that after the worsening of the situation in the fuel market of Primorye, a meeting was held in the regional administration with the largest participants of the retail market of oil products of Primorye.

The owners of independent filling stations noted that in recent months a paradoxical situation has developed in Primorye: the price of gasoline at Rosneft filling stations is less than the wholesale price that the sales division of Rosneft exposes to the independent network.

As a result, the management of LLC RN-Vostoknefteprodukt made a decision to allocate additional volumes of high-octane gasoline to provide its own retail network and small wholesale buyers of the region.

In November, the owners of independent filling stations and oil depots in Primorsky Krai proposed the creation of a Far Eastern commodity exchange to solve problems with fuel supplies.

The meeting participants noted in the relevant resolution that the successful operation of the exchange will change the current system, when monopolists in the automotive fuel market - vertically integrated oil companies (NK Rosneft and NK Alliance) - dictate high prices to other companies.

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