FAS has allowed a Swiss company to buy an affiliate of Transneft with the assets in the Ukraine
Edited by Rhod Mackenzie / 2015-10-19 04:59:09
FAS has allowed International Trading Partners to purchase Transneft’s affiliate with the assets in the Ukraine.
In August International Trading Partnersapplied to FAS on the purchase of 100% of voting shares of “South-West JSC of pipeline transportation of oil products” from Transneft.
FAS drew the company’s attention to the necessity to applying in conformity with the law on foreign investment.
FAS says that “South-West JSC of pipeline transportation of oil products” is included in the registry of objects of natural monopolies in the fuel and energy sector and is the company of strategic importance to provide the country’s defense and safety of the Government.
