OREANDA-NEWS. December 02, 2010. FAS Russia received a petition of “Gazpromregiongaz” OJSC (FAS Russia’s Registration No. 52716 of 29th October 2010) on acquiring 25.5008% voting shares of “Kabbalkgazgaz” OJSC, reported the press-centre of FAS Russia.

The purpose of the transaction is to acquire shares of gas-distributing companies, in particular, “Kabbalkgazgaz” OJSC, as part of consolidating assets in the field of gas distribution in order to create a central managing body in the gas-distribution sector and increase efficiency of gas supplies.

Governed by Clause 2 Part 2 and Part 3 Article 33 of No.135-FZ Federal Law “On Protection of Competition” of 26th July 2006, FAS Russia extended the period for petition consideration until 29th January 2011in order to additional examine the petition and obtain additional information.

Interested persons can submit information to the antimonopoly authority as to how the transaction can affect the state of competition.