Shell agrees to sell Russian retail business to Lukoil
The energy giant will sell its retail business in Russia to the country’s second-largest oil producer, Lukoil. …
Maxim Donde, Lukoil’s vice president for refined products sales, said: “The acquisition of Shell’s high-quality businesses in Russia fits well into Lukoil’s strategy to develop its priority sales channels, including retail, as well as the lubricants business.”
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