Economy|Energy & Green Biz
Tom Jones|01.06.2011

Lukoil boss says Czech refineries not a priority

Lukoil boss Vagit Alekperov says the oil company’s lack of refining facilities in the Czech Republic is preventing its further expansion here. Nevertheless, he says acquisition of a stake in a Czech refinery is not high on the agenda; Lukoil’s top priority in Europe now is to optimize production at refining facilities it already owns, consolidation in Italy and Croatia — and expansion in Spain.