Lukoil Interested in Italy’s Natural Gas Market, Il Sole Says

2009/06/03

By Armorel Kenna

June 3 (Bloomberg) — OAO Lukoil wants to enter the Italian natural gas market together with refiner ERG SpA, Lukoil Chief Executive Officer Vagit Alekperov said, according to daily Il Sole 24 Ore.

Lukoil also wants to open a fuel distribution network in Italy, Il Sole reported. ERG, Italy’s biggest crude refiner by sales, agreed last year to sell about half of its plant in Sicily to Lukoil.

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