Currency converter
News Feed
News Search Topics
Use filter
You can filter your feed,
by choosing only interesting

Lower EU refining margin hurts Russia’s Lukoil

June 16, 2014, 17:32 UTC+3 MOSCOW
Material has 1 page

MOSCOW, June 16. /ITAR-TASS/. The decrease of margin from refining oil in the EU hurts business of Russian oil major Lukoil, CEO Vagit Alekperov said on Monday during the World Petroleum Congress.

“We are working on the European market and we, of course, are under pressure,” Alekperov said, adding that the low margin has forced 12 EU refineries to close in the recent years.

Lukoil’s distribution network covers 27 countries, the company owns 5,700 gas filling stations.

Показать еще
In other media