Gazpromneft-Tyumen pays fine for price collusion

OAO Gazpromneft-Tyumen paid a 16.5-million-ruble fine for price collusion on Tyumen Region’s oil market. The company transferred this sum to the budget after it had lost its case at the appeals instance. Gazpromneft-Tyumen had insisted that the ruling of Tyumen Region’s division of the Federal Antimonopoly Service be declared invalid; now the FAS’s division had demanded that the company face administrative liability.

Tyumen Region’s division of the Federal Antimonopoly Service found out that OAO Gazpromneft-Tyumen, OOO Lukoil-Uralnefteprodukt, and OOO AZS-N1 had colluded on their pricing policies, which violated Article 11 of the Competition Protection Law. The three companies set and maintained the same car fuel prices in Tyumen and Tyumen district in January-August 2008.

In fact, OOO Lukoil-Uralnefteprodukt and OOO AZS-N1 were also made to pay 10 million RUR and 3.5 million RUR in fines, respectively.