Russia to reject gas price control within 1-2 years — antimonopoly service

2015/10/16

MOSCOW, October 16. /TASS/. The state may reject gas price control within 1-2 years, Deputy Head of the Russian Federal Antimonopoly Service /FAS/ Anatoly Golomolzin said on Friday.

"We may reject gas price control within a year or two," he said.

In order to do this, so-called commercial infrastructure should be created, he said, which implies development of stock-exchange and off-exchange transactions.

Currently, gas prices are formed by the state with account of social significance of gas as commodity.

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