NK Lukoil OAO Announces Signing Sale and Purchase Agreement with VETEK Group-Interfax
NK Lukoil OAO announced, that on March 4, 2013, 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.
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