VOL. XLV
No 29
22-July-2002
RUSSIA
Lukoil Enters Cyprus Petroleum Product Distribution And Retail Market
RussiasLukoil has acquired 16 petrol stations in Cyprusafter winning a $12mn international tender required by the countryscompetition authorities, to become the fourth oil petroleum productdistribution and retail company operating on the island. Existing petrolstation operators BP Cyprus and ExxonMobil wererequested to sell 8 petrol stations each by the government after the merger ofExxon and...
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