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Is litasco a Russian company?

Is litasco a Russian company?

LITASCO was founded in 2000 in Switzerland and it is the exclusive international marketing and trading company of LUKOIL Oil Company.

What does litasco stand for?

LITASCO SA (LUKOIL International Trading and Supply Company) founded in 2000 in Switzerland is the exclusive international marketing and trading company of PJSC LUKOIL Oil Company.

How big is litasco?

LITASCO SA has 450 total employees across all of its locations and generates $73.94 billion in sales (USD). There are 466 companies in the LITASCO SA corporate family.

Who owns Lukoil company?

As a result, the management of Lukoil agreed to sell 100% of its subsidiary Lukoil Ukraine to the Austrian company AMIC Energy Management, which was announced at the end of July 2014.

Is Lukoil a trade?

Russian oil producer Lukoil PJSC said Thursday that it expects to cancel its listing and admission to trading on the London Stock Exchange, with effect from June 6, and that intends to cancel its American Depositary Receipt facilities.

How can I buy Lukoil stock?

You can purchase shares of Lukoil (OTCPK: LUKOY) through any online brokerage.

What is the largest oil company in Russia?

The biggest Russian oil company is Rosneft followed by Lukoil, Surgutneftegaz, Gazprom Neft and Tatneft. All oil trunk pipelines (except Caspian Pipeline Consortium) are owned and operated by the state-owned monopoly Transneft and oil products pipeline are owned and operated by its subsidiary Transnefteproduct.

Will LUKOIL stock go up?

The 1 analysts offering 12-month price forecasts for NK Lukoil PAO have a median target of 97.00, with a high estimate of 97.00 and a low estimate of 97.00. The median estimate represents a +1,293.68% increase from the last price of 6.96.

Is LUKOIL a good buy now?

Takeaway. Lukoil was highly profitable in 2021, with oil prices at way lower levels than today. In 2022, profits could soar versus 2021 based on the steep increase in oil prices. On the other hand, sanctions, logistics issues, parts shortages, and so on could also hurt Lukoil’s profits this year.

Who owns Russia’s oil?

After acquiring OJSC TNK-BP in 2013, then one of the largest oil companies of Russia, Rosneft became the world’s largest publicly traded petroleum company….Rosneft.

Rosneft Headquarters, Sofiyskaya Embankment, Moscow, September 2005
Total assets $228 billion (2021)
Total equity $90 billion (2021)

Who is litasco group?

With head office in Geneva, LITASCO Group has established additional trading and business development offices worldwide, extending its reach around the world from the United States to Europe, the Middle East and Asia, managing LUKOIL’s global crude oil and petroleum products supply, marketing and trading needs.

How much crude oil does litasco trade per day?

In 2019, the LITASCO Group traded over 103 million metric tons of crude oil and 84 million metric tons of petroleum products. The total volume of physical barrels handled was 3.8 million barrel per day. LUKOIL system volumes marketing accounted for 37% of and third party trading activity represented 63% of LITASCO’s total transactions

What does litasco SA stand for?

Global Legal Entity Identifier Foundation (Relationships) New company name: LITASCO SA. New statutes of 03.06.2008. The data on this page is generated by a fully automated algorithm. It may have errors, and is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness or timeliness.

Where do the visualizations for litasco sa come from?

The visualizations for “Litasco SA, Geneva, Switzerland” are provided by North Data and may be reused under the terms of the Creative Commons CC-BY license .