WebJun 1, 2024 · But Rome also has to deal with the fate of the refinery in Sicily, which is owned by Russia’s Lukoil. As a result of previous sanctions against Russia, the ISAB refinery has paradoxically gone ... WebThe Milazzo refinery in Sicily, a joint venture between Kuwait Petroleum International and oil and gas major ENI, is one of Europe's most sophisticated refineries and can berth the world's largest supertankers. It holds the prestigious ISO 14001 certificate that signifies the highest standards of environmental management.
Lukoil reaches agreement to sell its 320 kb/d ISAB refinery in Sicily …
WebDec 1, 2024 · The refinery risks closure after the EU embargo on Russian crude oil imports begins on December 5. The temporary solution is an important decision which will eventually allow the sale of the facility. WebRaw materials are typically received though tankers. After berthing, each tanker starts unloading sending, through dedicated pipelines, raw materials into the storage tanks, typically having a capacity of 80—150 thousand cubic meters. Then the crude oil is sent to the refinery's units where, through a series of processes such as distillation ... block mobile hotspot windows 10
Italian govt needs more time to review sale of Sicilian oil refinery
WebDec 5, 2024 · The Italian government has decided to place Lukoil's ISAB refinery in Sicily under temporary trusteeship (up to one year) to ensure the 320,000 bbl/d refinery will continue operating despite the upcoming embargo on Russian seaborne oil as of 5 December 2024. The facility, which is 100% owned by Lukoil, has relied solely on Russian … WebDec 3, 2024 · The Algerian hydrocarbons group Sonatrach and ESSO Italiana (a subsidiary of ExxonMobil) closed on 1 December 2024 in Milan, Italy, the transaction on the Augusta refinery, said Sonatrach in a statement. The scope of this transaction includes the Augusta refinery, Sicily, the three oil terminals in Palermo, Sicily, Naples, Italy and Augusta, as ... WebDec 1, 2024 · Eni SpA. ROME, Dec 1 (Reuters) - Italy's government on Thursday laid down a scheme to place a refinery in Sicily owned by Russia's Lukoil (LKOH.MM) in the hands of … block mobile hotspot windows 11