Repubblica: Italian authorities will nationalize the LUKOIL refinery in Sicily
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The Italian government intends to nationalize LUKOIL’s ISAB refinery in Sicily. The final decision will be made at a government meeting on Thursday, December 1, La Repubblica reports, citing sources.
According to them, the initiative is being prepared by the Minister of Economy and Finance, Giancarlo Giorgetti, and the Minister of Enterprises, Adolfo Urso. It is expected that the Sicilian refinery will come under the control of the Italian Ministry of Economy.
The LUKOIL plant in the Italian commune of Priolo in the southeast of Sicily is the third enterprise in Europe in terms of oil refining. In 2008, LUKOIL bought out 49% of the enterprise. The plant produces about 22% of the fuel consumed in Italy. In November LUKOIL refused sell the American Crossbridge plant. In the event of an embargo on Russian oil, the plant is threatened with bankruptcy.
Details – in the material “Kommersant” “Sicilian Defense”.
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