LUKOIL to involve anti-trust body in UC RUSAL case

Thu Aug 28, 2008 6:50am EDT
 
[-] Text [+]

SOUTH KHYLCHUYU, Russia, Aug 28 (Reuters) - LUKOIL (LKOH.MM) Vice-President Valery Subbotin said on Thursday the oil company would ask Russian anti-trust authorities to oblige aluminium firm United Company RUSAL to pay more for the oil coke it purchases. UC RUSAL this month filed a lawsuit against LUKOIL, Russia's second-largest oil producer, for an alleged breach of a long-term contract to supply oil coke to its smelters. [ID:nLD393410]

"We will turn to FAS (the Federal Anti-Monopoly Service) in order to oblige RUSAL to pay market price," Subbotin told reporters. (Reporting by Tanya Mosolova, writing by Robin Paxton, editing by Maria Kiselyova)

 

Featured Broker sponsored link