Russian oil giant Lukoil interested in Gdansk Refinery

According to information in Parkiet, Russia's Lukoil intends to file a purch ase offer on the Gdansk Refinery (Rafineria Gdanska - RG). In order for the Russian company's intentions to be taken seriously, the total value of the t ransaction must be no less than $1.3 billion - $300 million for the stake an d at least a further $1 billion in investments. According to a new strategy for the fuels industry currently being prepared by the Treasury Ministry, PK N Orlen will also be allowed to file an offer for the purchase of RG. The st rategy will soon be presented at a Cabinet meeting. It is yet unknown exactl y what investment pledges the Russian company is to make, but RG is in need of several stations and Lukoil has the necessary money as well as a good cre dit rating. Last year the Russian company earned $2.1 billion in profits on a turnover of $13.42 billion. (Parkiet, p. 1) A.Z.