Federal Anti-Monopoly Service calls competition on development of gas fields "scandalous"

Federal Anti-Monopoly Service calls competition on development of gas fields "scandalous"
Federal Anti-Monopoly Service has suspicions that the customer broke the law on the competition

According to Igor Artemyev, the department will carry out an inspection regarding violation of the competition during the organization of auctions on three gas fields.

Head of the Federal Anti-Monopoly Service (FAS) Igor Artemyev declared that the department intends to carry out an inspection of conditions of the organization of competitions on the development of three gas fields on Yamal. According to Artemyev, FAS had suspicions that the customer broke the Law On Competition.

Thus, as it is told in the applications, only a company which already has licenses for gas production on Yamal and Gyda Peninsula, and also refinery capacities in this region can participate in a competition on the development of sites Storm, Verkhnetiuteyskoye, and West Seyakhinskoye. As Artemyev notes, only Novatek, building the plant on liquefaction of gas of Yamal SPG, and its affiliated structures on Yamal falls under these conditions.

“This competition restriction is a disgrace. We will check it”, Artemyev said, answering a question of TASS in a lobby of the United Nations Conference on Trade and Development passing in Geneva.

It is remarkable that the representative of Novatek did not comment on the information.

According to documentation, applications for auctions are accepted until August 4, the auction is planned for August 25. The single payment for Verkhnetiuteysky and West Seyakhinsky fields is established at the amount of 5,84 billion rubles ($97 million), on Storm — at the amount of 945,17 million rubles ($15 million).

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