In a press release Statoil announces that the company`s office in Stavanger was this week subject to an inspection by the EFTA Surveillance Authority (ESA), assisted by the Norwegian Competition Authority (Konkurransetilsynet). The inspection is carried out on request of the European Commission. - The authorities suspect that several companies, including Statoil, has participated in anti-competitive agreements, beyond that we have no further information at this point, says Jannik Lindbæk in Statoil. Such practices are a violation of Article 53 of the EEA Agreement. In addition the inspection relates to potential abuse of possible dominant position by another party, contrary to Article 54 of the EEA Agreement. The suspected violations are related to the Platts’ Market-On-Close (MOC) price assessment process, used to report prices in particular for crude oil, refined oil products and biofuels, and may have been on-going since 2002.