NK Lukoil OAO Finishes First Stage of Reorganizing Retail Structure; Spins Off LLC Lukoil-Chernozemenefteproduct and LLC Lukoil-Yugo-Zapadnefteproduct from Subsidiaries-Interfax

Monday, 8 Jul 2013 03:56am EDT 

Interfax reported that NK Lukoil OAO (Lukoil) has finished reorganizing its petroleum products retail and minor wholesale enterprise LLC Lukoil-Tsentrnefteproduct by spinning off LLC Lukoil-Chernozemenefteproduct from it. The new company includes filling stations and tank farms located in the Kaluga, Bryansk, Lipetsk, Ryazan, Tula and Orlov regions. Lukoil-Tsentrnefteproduct will continue to oversee petroleum product supplies in the Russian capital and the Moscow, Tver and Smolensk regions. In addition, Lukoil has finished reorganizing LLC Lukoil-Nizhnevolzhsknefteproduct by spinning off LLC Lukoil-Yugo-Zapadnefteproduct from it. The new enterprise comprises petroleum product retail and minor wholesale assets in the Voronezh, Belgorod, Kursk and Tambov regions. Lukoil-Nizhnevolzhsknefteproduct will continue to be responsible for filling stations and tank farms in the Volgograd, Rostov, Saratov, Astrakhan and Penza regions. 

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