Lukoil sells off Polish, Baltic fuel stations

2016-02-06 09:17 update: 2018-09-27, 05:32
Stacja paliw firmy Lukoil w Poznaniu przy ulicy Warszawskiej Fot. PAP/Jakub Kaczmarczyk
Stacja paliw firmy Lukoil w Poznaniu przy ulicy Warszawskiej Fot. PAP/Jakub Kaczmarczyk
Russia's Lukoil oil company will sell 230 fuel stations in Poland and the Baltic states to Austria's AMIC Energy Management, Lukoil informed in a press release. The deal is expected to finalise in the second quarter of this year.

According to the Polish Organisation for Oil Industry and Trade, Lukoil operated 116 fuel stations in Poland at the close of the third quarter of last year.

Lukoil wrote that the selloff was part of an in-house retail streamlining plan. (PAP)


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