Support The Moscow Times!

Now is the time to support independent reporting from Russia!

Contribute Today

Gazprom Blocked From Bid

Russia's antitrust regulator banned Gazprom from bidding for state-owned SG-Trans, the country's biggest rail transporter of liquefied petroleum gases.

Gazprom is Russia's second-largest LPG transporter with 18 percent of the market, which would rise to more than 80 percent if it acquired SG-Trans, Federal Anti-Monopoly Service deputy head Anatoly Golomolzin said Friday. Rosneft and AFK Sistema received approval to bid for the state's 100 percent stake in the rail company, RIA-Novosti reported.

Meanwhile, Finance Minister Anton Siluanov said the mineral extraction tax rate for Gazprom might be decided next week, RIA-Novosti reported.


Read more

Russia media is under attack.

At least 10 independent media outlets have been blocked or closed down over their coverage of the war in Ukraine.

The Moscow Times needs your help more than ever as we cover this devastating invasion and its sweeping impacts on Russian society.