Oil giant wants Russian bunker monopoly

The Russian bunker market will be reduced to three players if prime minister Medvedev approves a controversial proposal submitted by state-owned oil giant Rosneft.

The president of major state-owned Russian oil company Rosneft has written a letter addressed directly to Russian prime minister Dmitri Medvedev, in which he proposes a much larger degree of regulation for the Russian market for ship fuel than is currently the case.

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