OREANDA-NEWS. April 21, 2009. The 13th Arbitration Appeal Court upheld the ruling of the Arbitration Court, which earlier had pronounced legitimacy of the administrative fine imposed upon "Gazpromneft" OJSC by the Omsk OFAS Russia for failure to present full information required by the antimonopoly body to analyze whether a sharp increase of prices for fuel and lubrication materials in the Omask region from 14th February to 14th April 2008 was justified, reported the press-centre of FAS Russia.

The company was fined 300,000 Rubles.

"Gazpromneft" OJSC disagreed with the decision of the Omsk OFAS Russia and filed a lawsuit to the Arbitration Court of St Petersburg and the Leningrad Region asking to invalidate and cancel the determination issued by the Omsk OFAS Russia. The Court, however, dismissed the claim of the oil company.

"Gazpromneft" OJSC appealed the ruling of the Arbitration Court to the Court of the Appeal Instance. The 13th Arbitration Appeal Court upheld the ruling the Arbitration Court of St Petersburg and the Leningrad Region and dismissed the appeal of "Gazpromneft" OJSC.