Romania reportedly avoids taking over management of Lukoil refinery
The Romanian authorities will prepare framework legislation aimed at smoothing the sale of Lukoil's assets, including Petrotel refinery, according to Digi24, citing sources familiar with the negotiations. Initially, minister of energy…
iulian ernst · Journalist
· Updated · 2 min read
The Romanian authorities will prepare framework legislation aimed at smoothing the sale of Lukoil's assets, including Petrotel refinery, according to Digi24, citing sources familiar with the negotiations. Initially, minister of energy Bogdan Ivan said Romania must take control of Lukoil's refinery and not seek an extension of the November 21 deadline for the cessation of its activity under the US sanctions regime.
Meanwhile, the US extended the deadline by three weeks until December 13.
