Opinion on Gas Stations in Finland

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Lukoil: downstream focus gathers pace

Leading Russian oil producer Lukoil has entered into talks with ConocoPhillips to acquire some 380 filling stations under the Jet brand. This move illustrates the fact that, while the US giant begins a huge divesture program to fund upstream investments, Lukoil is heading downstream with a vengeance.

Published By Datamonitor
18 Dec 2006

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