Oil products exchange may appear in Ukraine

The Antimonopoly Committee of Ukraine will study the experience of Russia in introducing of exchange trading in the oil products market - stated the chairman of ACU Vasily Tsushko at a briefing in Kiev, reports UNN.

"The group of committee experts will go to the Russian Federation to the Federal Antimonopoly Service of the Russian Federation to study how they created the real exchange trading in oil products and how they monitor the non-exchange trading" - said Tsushko.

According to him, the results of the study the ACU will report to the Government of Ukraine, which should make the corresponding decision.

"We need to learn the experience in this case of Russia, and I think that we later will report to the government, and the decision on the establishment of a trading system will depand on the government," - said the chairman of the ACU.
He stressed that Ukraine will join to the international competitive experience, including in the oil market.
"Where is competition, prices go up when it is on objective grounds. Relatively speaking, if the prices went up on world markets the domestic prices also grow up. When prices fall, they fall also at the domestic market. In Ukraine, you know very well, prices rise, and in order to decrease them the government or the Antimonopoly Committee has to intervene "- said Tsushko.