Lukoil, which owns a large refinery in Sicily in Italy, said on Friday that it is ready to ensure continued operations at the site after the EU embargo on imports of Russian crude by sea takes effect on December 5, thanks to oil storage and future deliveries of non-Russian oil. Lukoil, which owns the ISAB refinery in Sicily, said via its unit LITASCO that “it is ready to ensure uninterrupted operation of the refinery, given the feedstock stored up for the coming months and future deliveries of non-Russian origin oil.” The ISAB refinery…
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