print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Oil Company "LUKOIL" press releases

Oil Company "LUKOIL"

November 15, 2013

LUKOIL branded fuel strengthens presence in Europe

Sales of LUKOIL’s ECTO fuel with improved performance characteristics have started in Serbia.

First batches of the gasoline named “ECTO Plus”, with an octane rating of 95, and of the diesel fuel called “ECTO Diesel”, both produced on the basis of EURO-5-compliant fuels, are available at LUKOIL’s 50 filling stations in Serbia.

The improved performance characteristics of ECTO Plus and ECTO Diesel were confirmed by testing at the mechanical-engineering faculty of the University of Belgrade. In the last 15 years, LUKOIL-Serbia is the only company in the Serbian market to have had fuel properties tested by an independent laboratory.

Serbia has now become the 14th county, besides Russia, where LUKOIL-branded fuel is sold. The sales of the fuel in the European market began way back in 2009. Currently, ECTO fuels are successfully sold in Ukraine, Lithuania, Latvia, Estonia, Turkey, Romania, Moldova, Bulgaria, Macedonia, Croatia, Montenegro, Azerbaijan and Georgia. The 2013 sales volume of the company’s fuel outside of Russia is expected to reach approximately 1.2 million tons.

In 2014, LUKOIL intends to start selling ECTO fuel at its filling stations in Belarus, Belgium and the Netherlands.


Properties of ECTO automobile fuels ensure that the engine is decarbonized, has a higher capacity, reduced fuel consumption and lower harmful emissions.  Specifically, this is achieved by using components with purifying properties and a friction modifier.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer