Russia's Lukoil leaves Czech market, citing sanctions

ČTK Aktuálně.cz ČTK, Aktuálně.cz, Ivan Eckhardt
5. 8. 2014 14:03
Russian oil company Lukoil has announced it will sell its 44 gas stations in Czech Republic to Hungarian company MOL
Foto: Lukoil

Prague - Russian oil company Lukoil has announced it is leaving the Czech market, where it operates a chain of 44 gas stations, in response to the sanctions imposed by the EU on Russia last week.

Lukoil will sell its gas station chain in the Czech Republic to Hungarian company MOL, which also agreed in May to buy the Czech Republic's Agip gas station chain from ENI.

EU sanctions against Russia to harm Czech exporters

CEZ to receive EUR 100 million in compensation from Albania

Once the two transactions are completed, MOL will own 318 gas stations in the Czech Republic, becoming the country's second biggest gas station operator after Benzina, which runs 340 gas stations in the country.

“This acquisition is an important step to further strengthen our presence in the Czech market and achieve the strategic objective of becoming a leading player in the Central and Eastern European region,” said MOL senior manager Lars Hoglund.

Lukoil's Eastern European sell-off

Lukoil has also said that it will sell 75 gas stations in Hungary and 19 in Slovakia to Hungarian company Norm Benzinkut. Last week, the Russian company announced it would sell 240 gas stations and six fuel storage facilities in Ukraine to Austrian company AMIC Energy Management.

Lukoil CEO Vagit Alekperov said last week that his company would sell more assets in Eastern Europe in order to focus on projects in Russia.

Lukoil is not among the direct targets of the Western sanctions, but Alekperov says that the company has to change its plans anyway.

"We are looking into different options. The fact that the access to financing would be hampered would [lead] to cuts in our costs and investment programs," Alekperov was quoted as saying by Reuters. Lukoil originally planned to invest USD 20 billion this year.

Hungary's MOL is a Budapest-based oil and gas company that operates a network of more than 1,700 gas stations in 11 countries across Central and Eastern Europe. It is active in over 40 countries and employs almost 29,000 people all over the world. The company also runs four refineries and two petrochemical plants in Hungary, Slovakia and Croatia.

Follow us on Twitter!

 

Právě se děje

před 14 minutami

Razýmová v Ruce loňskou senzaci nezopakovala, vyhrála Johaugová

Běžkyně na lyžích Kateřina Razýmová skončila sedmadvacátá v klasické desítce Světového poháru ve finské Ruce. Další Češky nebodovaly. Zvítězila favorizovaná Norka Therese Johaugová.

Kateřina Janatová obsadila 55. místo, Petra Nováková 61., o čtyři pozice za ní skončila Petra Hynčicová a Tereza Beranová byla poslední 72.

Razýmová před rokem šokovala v Ruce na stejné trati pátým místem, ale letos se jí tolik nedařilo. Na všech mezičasech se pohybovala ve třetí desítce, chvilku jí hrozilo, že z bodované třicítky vypadne, ale nakonec dojela na 27. pozici.

Na Johaugovou česká jednička ztratila přes minutu a půl. Druhá za Norkou skončila Švéda Frida Karlssonová a třetí byla její krajanka Ebba Anderssonová. "Tratě jsou tady hodně těžké, ale zvládla jsem to a jsem strašně ráda, jak dobře jsem novou sezonu odstartovala," řekla Johaugová po 74. vítězství v závodu SP.

Ve 12:45 odstartuje mužský závod na 15 km klasicky. Z Čechů budou o body bojovat Michal Novák, Adam Fellner a Luděk Šeller.

Zdroj: ČTK
Další zprávy