Lukoil says it plans to expand lube sales to China
Andrei Gaidamaka, deputy head of Lukoil investment analysis and investor relations department, said that the company, Russia’s largest private oil producer, is ready to supply more lubricants to China and expand joint production in the gas chemistry and energy sectors. “We are planning to expand cooperation with China in several directions, primarily in supplies of a wide range of oils for all industries and in supplies of factory fill oils to assembly plants,” Gaidamaka told a Russian-Chinese economic forum. (November 26, 2010)