Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

Italy to safeguard jobs in Lukoil refinery sale

Italy to safeguard jobs in Lukoil refinery sale
Italy to safeguard jobs in Lukoil refinery sale Copyright  Thomson Reuters 2023
Copyright Thomson Reuters 2023
By Reuters
Published on
Share Comments
Share Close Button

ROME - The Italian government will ensure that jobs are protected and environmental standards maintained in the sale of a Sicilian refinery owned by Russia Lukoil, Industry Minister Adolfo Urso said on Wednesday.

ADVERTISEMENT
ADVERTISEMENT

Urso was commenting after a meeting the previous day with G.O.I. Energy, the Cypriot private equity firm that heads the group that agreed last week to purchase the business. It is backed in the deal by trading house Trafigura.

The ISAB plant in Sicily refines 320,000 barrels per day of crude, accounting for a fifth of Italy's refining capacity, and directly employs about 1,000 people in an economically depressed area in the country's southernmost region.

Go to accessibility shortcuts
Share Comments

Read more