Lukoil board keeps pledge to overhaul its refining capacity
Lukoil board met in Volgograd and among other actions resolved to keep its pledge to overhaul the company's refining capacities, according to a company statement.
“It was noted that Lukoil Group organizations strictly kept to their pledge to overhaul the refining capacities in accordance with the four-way agreement between the companies and the government authorities,” the company press release said.
Lukoil announced earlier this decade plans to invest $8.8 billion in a refinery overhaul before 2019.
