"Lukoil-Beopetrol" plans to take 25% of Serbian market in next three years

Company “Lukoil-Beopetrol" plans to take one quarter of the market of oil derivatives in Serbia prior to year 2010 – said the General Manager of company Plamen Popov.

He said that "Lukoil-Beopetrol" was covering about 10% of market of oil derivatives in Serbia and about 14% of gas stations at the moment. According to his words, year 2006 is the first positive year for "Lukoil-Beopetrol" with the realized operational profit of 36m USD.

Popov added that the privatization of Petroleum Industry of Serbia could be interesting to company "Lukoil" if the price was suitable and if it corresponded to the market conditions.