CHISINAU, Jan 12 Litasco — structure of Lukoil — signed an agreement with the state operator of an oil terminal in the Romanian port of Constanta for 2023, which will ensure the operation of an oil refinery in this country under the EU embargo, according to the Romanian portal Profit.
In Romania, Lukoil owns the largest oil refinery in the country — Petrotel Lukoil. Its capacity is about 2.5 million tons of oil per year.
«Litasco, the trading arm of the Russian Lukoil Group and a shareholder in the Petrotel refinery, will remain the main client of the state-owned operator of the oil terminal in the port of Constanta, Oil Terminal, in 2023. The companies have signed a contract for the whole year in the amount of 55.85 million lei (about $12 million — ed.),» writes the portal.
The contract signed between Oil Terminal and Litasco concerns the unloading of crude oil from sea vessels and its delivery for pumping to refineries. We are also talking about unloading and loading gasoline, diesel fuel, fuel oil and chemical and petrochemical products from/to sea vessels or river barges, tankers. At the same time, the contract takes into account the embargo on Russian oil, which came into force on December 5, and on petroleum products, which comes into force on February 5 of this year.
Litasco (Lukoil International Trading and Supply Company) is the sole operator of the international trade of the Lukoil group, carries out all its supplies and trading operations abroad. Litasco includes subsidiaries and branches in the USA, the Netherlands, Kazakhstan and other countries.