Antitrust Agency Hits Lukoil, Rosneft, Bashneft, Gazprom Neft on ‘Excessive’ Prices

摘要

The Russian Federal Antimonopoly Service (FAS) announced December 28 that it hit Lukoil with a R609-million (US$19.1-million) fine for “excessive” prices on diesel and gasoline in 2011. According to a report from Prime-Tass news service (Russia), the fine against Lukoil was matched by R1.76- billion (US$55.3-million) fine against Rosneft and an R778.25-million (US$24.5-million) fine against Bashneft, while Gazprom Neft was hit separately by an R979-million (US$30.7-million) fine.