G.O.I ENERGY is an international energy group with a proven record of successfully meeting people's demand for high quality energy.

PJSC LUKOIL informs that LITASCO S.A., a 100% subsidiary of the LUKOIL Group, and G.O.I. ENERGY S.r.l. closed the sale of ISAB S.r.l. G.O.I. ENERGY after fulfilling the deferral conditions, including obtaining the necessary approvals from the Italian authorities.

The Company Statement
April 11, 2023

09.04.2023: Italian officials are reviewing a deal to sell the country's largest oil refinery, owned by Russia's Lukoil, after the US government privately raised concerns about the sale of the fund's facility in Cyprus. The deal was previously expected to be completed by March 31, when in January of this year, Russia's Lukoil agreed to sell its ISAB refinery in Sicily to GOI Energy, a newly formed branch of Cypriot private equity group Argus. However, to close the €1.5 billion deal, Italian officials took extra time to consider important details. It was needed because the US government informally asked Rome to confirm the absence of Russian involvement in GOI Energy. 11.04.2023: Italy gave conditional approval to the sale of the Lukoil-owned refinery (LKOH.MM) in Sicily to Cypriot private equity firm G.O.I. Energy.

May 05, 2023Lukoil closes the deal to sell ISAB refinery in Italy
April 09, 2023Italy is reviewing the agreement on the sale of the Lukoil refinery
April 09, 2023LITASCO – G.O.I. ENERGY reach an agreement regarding the acquisition of ISAB S.r.L. in Priolo Gargallo
April 08, 2023Italy races to review deal to sell Russia-owned refinery in Sicily
February 16, 2023G.O.I Energy denies Russia links over Italian refinery
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