Official internet-portal of St. Petersburg, cultural capital of Russia
Petersburg CITY / Guide to St. Petersburg, Russia
Printed from:
Business news, 24.12.2004 14:53

LUKoil Buys Baltrade

LUKoil LUKoil has purchased 37 Baltrade fuel stations in the city and the Leningrad Oblast, Interfax reported Wednesday.

The presence of LUKoil-Severo-Zapadnefteproduct, the regional sales operator for LUKoil, will increase from 40 to 77 gas stations.

The company paid around $600,000 per fuel station, LUKoil president Vagit Alekperov said to AK&M news agency.

The overall deal is expected to cost $20 million.

News source:

(c) 2000