Watchdog to boost fines for excessive gasoline prices in Crimea - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Watchdog to boost fines for excessive gasoline prices in Crimea

MOSCOW, May 15 (PRIME) -- RussiaТs Federal Antimonopoly Service will significantly raise fines for Crimean companies if they continue to drive up gasoline prices in the region, Director Igor Artemyev told reporters on Tuesday.

УNow they pay 120 million (rubles) of fines, but if they think that they can pay a fine and continue to steal from the population, this will not happen. There will be one more fine, it will just be squared. It is 120 million (rubles) now, and it will be 1 billion (rubles),Ф Artemyev said.

In 2016, the antimonopoly serviceТs Crimean branch fined five largest oil traders 129 million rubles for collateral that led to higher gasoline prices at gas filling stations. In April 2017, the watchdog opened a new case against 10 oil product retailers.

(61.7684 rubles Ц U.S. $1)

End

15.05.2018 16:55
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 77.3832 -0.3012 26 sep
USD 65.8244 -0.3350 26 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1166.67 +0.32 14:24 25 sep
micex 2430.15 +0.01 14:24 25 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 158.23 -0.48 14:09 25 sep
lkoh 4854.00 +1.55 14:09 25 sep
rosn 453.80 +1.51 14:09 25 sep
sber 197.90 -0.43 14:09 25 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 77.5600 -0.8850 14:59 25 sep
USDTD 65.7650 -0.7025 17:44 25 sep