LUKoil plans major purchases in US, Europe--(RIA Novosti)

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http://en.rian.ru/russia/20060213/43513221.html


Russia
LUKoil plans major purchases in U.S., Europe - company president
16:58 | 13/ 02/ 2006

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MOSCOW, February 13 (RIA Novosti) - LUKoil, Russia's no.1 independent crude producer, is planning to make a number of major acquisitions in the United States and Europe, the company president said Monday.

At a meeting with Russian President Vladimir Putin, Vagit Alekperov said aggressive investment work in Eastern Europe had been started, mainly in oil refineries.

Alekperov said LUKoil's gasoline stations abroad were also a major source of revenue.

"LUKoil has about 2,000 gasoline stations working in the U.S. and about 600 in western and eastern Europe. These are good assets, which bring decent revenues," he said.

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