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Fill 'er Up!
Lukoil continues gas-station concentration...
Russia's LUKoil plans to spend US $150 million to set up a network of 120 gas stations in Hungary. LUKoil will supply the network from Petrotel SA, its refinery in Ploiesti, in southern Romania, which it plans to restart later this year.
It is unknown if LUKoil plans to build a new network or buy filling stations from rivals. LUKoil's network would be the fifth biggest in Hungary, after Eni's Agip network.
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