Lukoil said that it has considerably increased its retail network in the Moscow region through the acquisitions, enabling it to increase its sales volumes of high-quality Euro-3 and Euro-4 standard motor fuel.
The average daily sales at the acquired retail outlets located in Moscow and Moscow region amount to 9.6 tons, according to Lukoil. The newly acquired retail outlets are expected to be re-branded as Lukoil outlets by the end of 2008.