Romanian entities owned by Lukoil Group placed under extended government supervision

Federaţia Rusă

According to a draft Government Decision published Wednesday, the Ministry of Energy has proposed placing the Romanian entities owned by Lukoil Group under an extended supervision mechanism. Ion-Bogdan Bugheanu is proposed as supervisor. The measure targets Lukoil Romania SRL (100% owned by Litasco SA Switzerland), Petrotel-Lukoil SA (99.76% owned by Litasco), Lukoil Lubricants East Europe SRL (100% owned by Lukoil International GmbH), and Lukoil Overseas Atash B.V. Amsterdam - Bucharest Branch.