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Italy Considering Nationalisation for Lukoil Refinery

REFINING

Nationalisation is among the options for Lukoil’s refinery in Sicily according to Italy’s ecological transition minister over the weekend.

  • "There are several options under study, one is something like nationalisation...another one is that an external buyer intervenes, for example," according to Roberto Cingolani.
  • The refinery is heavily reliant on Russian feedstock which accounts for about 30-40% of imports to the plant.

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