LUKOIL & VETEK Group sign a deal for PAO LUKOIL – Odessa Refinery

21-3-2013 — /europawire.eu/ — The OAO LUKOIL Press Service announces that the company and VETEK Group have signed an agreement on the purchase and sale of the public joint-stock company PAO LUKOIL – Odessa Refinery.

As a result of the transaction, VETEK Group will acquire 99.6 % of the refinery’s stock. The deal is expected to be closed before the 1st of June 2013, after the parties fulfill a number of conditions precedent.

The decision to sell was taken by LUKOIL within an approved plan of international refining assets restructuring.

Press Centre OAO “LUKOIL”
phone.: (495)627-1677, fax: (495)627-1653,
E-mail: media@lukoil.com