VEGAS LEX Managing Partner Alexander Sitnikov took part in a special session of the event, delivering a report on pricing issues on Russia’s retail market for petroleum products.
The expert expanded on the specifics of the Russian petroleum products market structure, its antimonopoly regulation and the level of competition on the fuel market, and on government policies in the sector. He made special emphasis on efforts to stimulate the industry’s development and to promote a market-based pricing model.
The participants discussed modern standards for petrol station chains, ways to maximize their profits and promotion strategies for their products and services.
Dr. Marcel Cohen, a leading international consultant who has extensive experience in the petrol station market, was invited as an honorary speaker.
The event was attended by representatives of leading oil and gas companies, government agencies, and public and academic associations.
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