Lukoil ramps up Polish retail operation

The corporation has already acquired four gas stations from BP and announced plans to acquire several dozen JET gas stations by the end of the year. The first Lukoil branded stations will begin trading over the next few weeks in Zabrze, Lódz, Olsztyn and Rybnik. It has not been revealed how much the Russian company paid for the BP gas stations. "We have sold the stations which we regard as the least profitable for our company," said Magdalena Kandefer from BP Polska. Lukoil representative Wlodzimierz Jatrow declined to comment on the transaction, but said that within a month or two he will present Lukoil's overall development strategy for the Polish retail market.(Rzeczpospolita, p. B1) A.K.