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Lukoil is “choking” with fuel oil: plants are on the verge of shutdown

... The corresponding letter was sent by the beneficiary of the organization Vagit Alikperov to the Deputy Prime Minister Alexander Novak on March 25, 2022. The reason was Western sanctions, which led to a significant decrease in the volume of shipped fuel oil. According to Kommersant, the fuel storage facilities of Lukoil plants are overfilled. The volume of exported fuel oil decreased by 1.5 times compared to February. At the same time, not all tanks of tank farms and refineries allow storing this ...

A ‘FUEL KING’ FROM LIPETSK WENT BANKRUPT

... declared insolvent by the decision of the arbitration tribunal of the Lipetsk region. He is known as the owner of a company that operates a chain of gas stations. The businessman's debt amounted to more than 1.2 million rubles. Shakhov became the ‘fuel king’ after the death of his father Viktor Shakhov. However, the ‘successor’ failed to retain the leadership. Five of the companies he owned went bankrupt or began liquidation proceedings. A company that used to sell motor oil was declared an unscrupulous ...

A WELL-KNOWN GINGERBREAD MANUFACTURER IS ON THE VERGE OF BANKRUPTCY

... recently operated all 28 Lambertz baking lines. It is impossible to completely abandon the power supply, because this would be the end of the business. But now you will need to pay three times more than before. The company's transition to other types of fuel may take at least two years and will require serious investments that may be economically meaningless. Recall that Lambertz is one of the leading companies in the world that produces traditional Christmas treats for the holidays. A couple of years ...

Mistake of Naftogaz can lead to bankruptcy of company

... of the state of affairs in the industry was given by the ex-head of the organization Andrey Kobolev. In his opinion, the new management of the company turned out to be incompetent, which forced him to systematically solicit funds for the purchase of fuel from the state budget. In an interview with Forbes, the former head of Naftogaz called the actions of the new leadership a ‘catastrophic mistake’. By refusing to purchase gas in advance before the heating season, top management actually led the ...

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