Italy To Place Lukoil Refinery Under Trusteeship As Russian Oil Ban Looms ...Middle East

Days before the EU embargo on imports of Russian crude oil by sea kicks in, Italy’s government is set to announce on Thursday a temporary solution to keep a Lukoil-owned refinery in Sicily operational by putting it under trusteeship, the president of the Sicily region, Renato Schifani, said. “Today the government will announce a temporary decision of a trusteeship to avoid idling of activity and the potential job losses catastrophe,” Schifani was quoted by Italian media as saying on Thursday.  Lukoil, Russia’s second…

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