Shell will get rid of 400 gas stations in Russia and sell them to Lukoil

The agreement includes 411 service stations, located mainly in central and northwestern Russia, and a lubricant plant about 200 kilometers northwest of Moscow.

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The transaction, which has yet to be approved by regulators, is expected to be completed this year. Companies did not disclose its value.

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At the beginning of May, Shell announced that it had already written off $ 3.9 billion (approximately CZK 94 billion) in connection with the decision to leave operations in Russia.

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The company owns, among other things, 27.5 percent of shares in Russia’s Sakhalin-2 liquefied natural gas (LNG) plant.

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Lukoil is the second largest oil producer in Russia after the state-owned company Rosneft. In March, it became the first large Russian company to publicly oppose the Russian invasion of Ukraine.

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In a statement at the time, he called for a “rapid cessation of armed conflict.” He added that he was concerned about the tragic events in Ukraine and expressed his condolences to all those affected by the conflict.

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