LukOil, importer for Petrom

SNP Petrom’s crude oil transactions on the Romanian Commodities Exchange have brought new suppliers among Petrom’s traditional partners. New trade companies held by the major oil groups such as LukOil (Russia) and TotalFinaElf (France) are working their way among Petrom suppliers, joining the company’s traditional partners, such as Switzerland-based Vitol and Kronos and UK’s Glencore trade companies. LukOil International Trading & Supply Company (Litasco) Switzerland will supply 210,000 tonnes of crude to Petrom, after having won three bids for 70,000 tonnes each early this week. ZF