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On November 17, 2016, VEGAS LEX Partner, Head of Technology and Investment group Alexandra Vasyukhnova and Commercial group associate Ksenia Podguzova led a VEGAS LEX workshop on New initiatives and arbitration practices in the regulation of procurement by legal entities in the Russian fuel and energy sector as part of the conference Organization of procurement and supply in the oil and gas industry: efficiency, innovative methods and analytical tools.*

The VEGAS LEX experts spoke about initiatives to tighten the regulation of procurement (Law 223-FZ); about preferences for Russian goods during procurement and how to minimize the risks for the customers and bidders. Discussing the liability of officials for procurement violation, the lawyers listed the administrative offenses committed in 2015, and cited the statistics of bidders’ complaints. Finally, the experts considered the current problems in applying the law in the field of public procurement and highlighted the main trends in judicial practice.

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* The conference was held as part of the NEFTEGAZ International Exhibition and National Oil and Gas Forum. The event was officially supported by the Ministry of Energy, the Russian Union of Industrialists and Entrepreneurs and VEGAS LEX. http://oilandgasforum.ru/konference/

For more information on VEGAS LEX’s services to the energy sector, please go here.

For more information on VEGAS LEX’s services to support public procurement, please go here.