A PYMNTS Company

Russia: Gazprom probed for sulfur price manipulation

By  |  August 6, 2013

Russia’s Federal Anti-Monopoly Service announced the initiation of a probe into gas giant Gazprom for allegations the firm manipulated sulfur prices. According to reports, the FAS heard complaints by some of Russia’s largest fertilizer companies against Gazprom, accusing the gas company of artificially inflating sulfur prices. EuroChem and PhosAgro were the first to file complaints with the FAS. Gazprom denied any wrongdoing and told reporters that sulfur pricing is dependent upon global prices and other variables, but the FAS said global pricing structures do not directly impact Russia’s prices.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: The Moscow Times

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.