4.1 C
February 3, 2023

Gazprom eyes eight Western Group Energy gas stations in Romania

Officials from Serbia’s NIS Oil Company, a Gazprom Neft subsidiary, are negotiating the acquisition of eight gas stations belonging to the Bucharest-based Western Group Energy (WEG), adevarul.ro informs. The eight gas stations are currently operated under Lukoil franchise and are located throughout Romania. According to WEG officials, the gas stations’ value totals EUR 15 M. NIS, the Serbian company whose main shareholder is Gazprom, owns two refineries in Serbia, with a total capacity of 7.3 million tons per year, and needs a larger market for its oil products.

Related posts

Publicis Groupe takes over majority capital in 5 affiliated agencies

Nine O' Clock

Ionut Costea, EximBank: We have funds and we are open to support entrepreneurial projects


Techcelerator brings to Romania the Venture Program, a pre-accelerator offered by EIT Digital Up to 25,000 EUR per winning team