GOI Energy
LeaveRussia detail: Continue Operations
G.O.I ENERGY is an international energy group with a proven record of successfully meeting people's demand for high quality energy.
Business in Russia
PJSC LUKOIL informs that LITASCO S.A., a 100% subsidiary of the LUKOIL Group, and G.O.I. ENERGY S.r.l. closed the sale of ISAB S.r.l. G.O.I. ENERGY after fulfilling the deferral conditions, including obtaining the necessary approvals from the Italian authorities.
Decision trail
Decision date 11/04/2023 · Reference ↗
09.04.2023: Italian officials are reviewing a deal to sell the country's largest oil refinery, owned by Russia's Lukoil, after the US government privately raised concerns about the sale of the fund's facility in Cyprus. The deal was previously expected to be completed by March 31, when in January of this year, Russia's Lukoil agreed to sell its ISAB refinery in Sicily to GOI Energy, a newly formed branch of Cypriot private equity group Argus. However, to close the €1.5 billion deal, Italian officials took extra time to consider important details. It was needed because the US government informally asked Rome to confirm the absence of Russian involvement in GOI Energy. 11.04.2023: Italy gave conditional approval to the sale of the Lukoil-owned refinery (LKOH.MM) in Sicily to Cypriot private equity firm G.O.I. Energy.
Status history since 2022
- 03/08/2026 — operating · Imported from KSE LeaveRussia
Exposure profile
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