OREANDA-NEWS. February 24, 2012. In course of the third wave of antimonopoly cases, on 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, reported the press-centre of FAS Russia.

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.