Lukoil buys Shell’s subsidiary in Russia

In a written statement from Lukoil, in the negotiations with Shell, Shell Neft buy 100 percent that an agreement has been reached.

In the statement, it was informed that Shell Neft owns 411 gas stations in Russia and a factory in Tver, located in the west of Russia.

In a statement made on May 8, Shell stated that the company wanted to terminate all its activities in the Russian energy sector.

Due to the post-war sanctions, many Western companies temporarily suspended or terminated their activities in Russia.

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