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Ukraine's SEPEK acquires 99% stake in Odessa oil refinery from Lukoil
Journal Staff Report

KIEV, July 5 - Ukraine’s fast growing energy company, Eastern European Fuel and Energy Company, or SEPEK, has completed deal to acquire a more than 99% stake in Odessa oil refinery from Russian oil major Lukoil, the company reported Friday.

The refinery, which is in a “perfect condition,” will be among key assets of the group as it plans to expand in crude oil refining and retail gasoline market, the company said.




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