FAS Russia: “LUKOIL” paid a fine in course of the “third wave of antimonopoly cases”

20-02-2012 | 16:07

In course of the “third wave of antimonopoly cases”, on 17th February 2012 oil refineries of “LUKOIL” OJSC paid full fines for committing violations on the market of oil products. The federal budget received over 600 million Rubles.

“LUKOIL-Ukhtaneftepererabotka” Ltd. paid over 161.9 million Rubles, “LUKOIL-Permnefteorgsintez” Ltd. – 203.4 million Rubles and “LUKOIL-Nizhegorodnefteorgsintez” Ltd. – 243.8 million Rubles.

On 28th December 2011, the Federal Antimonopoly Service (FAS Russia) imposed fined upon the group of persons of “LUKOIL” OJSC for violating Part 1 Article 10 of the Federal Law “On Protection of Competition”. In Q4 2010 the companies fixed and maintained monopolistically high prices for diesel fuel.

“LUKOIL” is the second company that paid the fine under the “third wave of antimonopoly cases”. Earlier, on 23rd January 2012 FAS was notified that “Bashneft” ANK” OJSC paid an administrative fine – 778.2 million Rubles – for fixing and maintaining monopolistically high prices on the wholesale market of gasoline in April -September 2011.

Total fines imposed under “third wave of antimonopoly cases” upon “Gazprom Neft” OJSC, “LUKOIL” OJSC and its three refineries, “Bashneft” ANK” OJSC and the group of persons of “Risneft” NK” OJSC is over four billion Rubles.

FAS will make a decision regarding administrative sanctions against “TNK-BP Holding” OJSC in Q1 2012.

Site Map

News & Events Press Releases Media Releases Image Library About the FAS Russia What We Do General Information Mission, Goals, Values Priority Setting Institutional Memory Stakeholders Engagement Center for Education and Methodics Our History Our Structure Powers of Head and Deputy Heads Our Ratings GCR Using our website International Cooperation Treaties & Agreements International Working Groups Working Group on Research of Competition Issues in the Market of International Telecommunications (Roaming) Meetings Working Group for Studying Competition Problems in the Pharmaceutical Sector Concept Note Meetings OECD Competition Committee OECD meetings 2013 OECD meetings 2014 OECD meetings 2015 OECD meetings 2016 OECD meetings 2017 OECD meetings 2018 FAS Annual Reports OECD-GVH RCC RCC Newsletter ICAP Council on Advertising Headquarters for Joint Investigations UNCTAD 13th session IGE UNCTAD Resolution Russian contributions 14th session IGE UNCTAD Resolution Russian contributions 15th session IGE UNCTAD 16th session IGE UNCTAD 17th session IGE UNCTAD EEU Model Law on Competition ICN BRICS WG (Markets of Social Importance) EU APEC Competition Policy and Law Group Annual meetings Projects ERRA Full Members Organizational Structure Archive Working Group on Investigating Issues on Pricing in the Oil and Oil Product Markets and Methods of their Functioning Meetings Document Library Legislation Reports & Analytics Cases & decisions Contacts Give feedback Contact us Links Authorities Worldwide