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Lukoil to raise oil prices for European countries
29.08.2007 12:37
Lukoil to raise oil prices for European countries
Lukoil pipeline

Russian oil-producing company Lukoil intends to raise purchase prices on oil for several European countries including Germany, the Czech Republic, Slovakia and Poland,Vagit Alekperov, head of the company, said on Tuesday. The talks concerning the new pricing policy are held at the moment.
      Earlier Lukoil had to reduce the flow of oil supplies to a number of European countries due to economical reasons. The company redirected a part of oil supplies to the Baltic pipeline system and used sea shipping for further transportation.
      In September the amount of oil supplies to Germany will be restored.


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