Monday, August 21, 2006
Lukoil planning oil refinery assets and petrol stations buys in USA
Story Lukoil, the largest listed Russian oil firm, is eyeing buys in the US, The Moscow Times reported. Cited in MT, Lukoil Americas CEO Vadim Gluzman stated that Lukoil plans to acquire oil refining assets and increase the number of its petrol stations from 2,000 to 3,000. He specified that Lukoil would pursue buys in 13 north-eastern US states where the company is already present.
Gluzman also noted that Lukoil would be interested in buying Citgo Petroleum Corp, the US-based oil refinery assets of Venezuelan company Petroleos de Venezuela (PDVSA).
Lukoil net income for the first quarter of 2006 amounted to USD 1.689bn, according to the company web site.
Source The Moscow Times, Company Web site
Gluzman also noted that Lukoil would be interested in buying Citgo Petroleum Corp, the US-based oil refinery assets of Venezuelan company Petroleos de Venezuela (PDVSA).
Lukoil net income for the first quarter of 2006 amounted to USD 1.689bn, according to the company web site.
Source The Moscow Times, Company Web site
