OREANDA-NEWS. June 09, 2012. According to a determination of the Federal Antimonopoly Service (FAS Russia), “TNK- ВР Holding” OJSC presented the “Pricing Procedures and General Principles of Selling Motor Petrol on the wholesale markets in the Russian Federation”.

The procedures provide for developing a unified approach by “TNK- ВР Holding” OJSC to the conditions of selling motor petrol on wholesale markets, as well as establishing unified pricing principles for selling motor petrol in the Russian Federation.

Earlier FAS issued a determination to “TNK- ВР Holding” OJSC to exercise actions aimed at developing competition. The company had to ensure possibility for economic entities – not members of the group of persons of “TNK- ВР Holding” OJSC to conclude direct contracts for supplying motor petrol on equal conditions with the economic entities – members of the same group of persons with “TNK- ВР Holding” OJSC. The oil giant was also requested to introduce changes to the information on the official web-site of “TNK- ВР Holding” OJSC: on criteria for the persons that intend to conclude direct contracts with “TNK- ВР Holding” OJSC for supplying motor petrol, prices, discounts, alternative logistical possibilities, supply volumes and other conditions important for circulation of motor petrol on the markets in the Russian Federation.

“The procedures presented by “TNK- ВР Holding” OJSC is based on the following principles: preferential satisfaction of the needs in oil products on the domestic market of the Russian Federation, equal access and equal transaction conditions for all counteragents; pricing procedures unified for all counteragents; publicity and accessibility of information regarding pricing procedures; inadmissibility of economically and (or) technologically unjustified refusals to conclude contracts with the buyers. This document and its enforcement practice will be an important step in developing civilized market conditions on the markets of oil and oil products in the Russian Federation. FAS draft laws “On Specifics of Circulation of Oil and Oil Products in the Russian Federation” and “On Market Pricing for Oil and Oil Products in the Russian Federation” provide for using three base indices of market prices: exchange quotations and off-exchange prices for oil products, as well as prices of comparable foreign markets; ensuring non-discriminatory conditions for access to the wholesale market of motor petrol and providing services for storage of oil products, selling oil products under conditions that allow to observe periodicity and evenness of shipments from refineries in view of providing logistical possibilities for the buyers”, stated Deputy Head of FAS Anatoly Golomolzin.