Companies / Italy
Lukoil Enters Italian Refining JV With ERG
June 2008 | Industry NewsPrivate Russian oil producer Lukoil has entered into a EUR1.35bn joint venture (JV) with Italy's second-largest refiner ERG. The new company, in which Lukoil will hold 49%, will control ERG's 320,000 barrel per day (b/d) Isab di Priolo refinery in Sicily, which includes a minimum inventory of 745,000 tonnes of crude oil and refined products plus a 99 megawatt (MW) power plant.
Sorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Western Europe Oil and Gas Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Western Europe Oil and Gas Insight please click on the trial link below.
