On July 22, Semyon Garagul held a meeting with the management of LUKOIL-RPN.
They discussed cooperation between LUKOIL-RNP and the ORG-MARKET commodity marketplace. LUKOIL representatives appreciated the prospects for the trading platform and showed interest in future collaboration.
LUKOIL is planning to enter the wholesale market, as well as to sell its oil products and petrochemicals through the OWG-MARKET platform. The planned volume of business is 100 thousand tons per month.
Oil Resurs Grupp has been on the market for 7 years and over this time has proven to be a reliable and scrupulous partner. During the meeting, Oil Resurs Grupp and LUKOIL have found a common interest in amplifying several business areas such as cooperation with Rosrezerv, supply of raw materials to LUKOIL plants, and export of petroleum products.
This collaboration will help Oil Resurs Grupp to partner with one of the largest players in the oil products market, and LUKOIL will gain access to the only Russian commodity marketplace thereby expanding its market presence, enhancing its client base, and becoming a part of a unique IT product.