The Russian second largest oil company LUKOIL has been operating in the U.S. retail market of petroleum products since 2000.
The Company manages a distribution network in 11 states on the east coast of the country and in Washington, District of Columbia.
The Company also supplies furnace oil and natural gas to private and business consumers in the state of New York, New Jersey and Pennsylvania!
Lukoil has four subsidiaries. 1. LUKOIL Pan Americas, LLC is doing Oil and Petroleum Product Marketing.
2. LUKOIL NORTH AMERICA LLC- Supply and marketing.
3. LUKOIL MARINE LUBRICANTS USA INC. - Lubricants
4. LUKOIL International Upstream West Inc. - in HoustonGeological exploration and production.
Opinion: To end the war, we try to stop the supporting of Russian government but at same time we allow its oil companies operating in USA? It doesn’t sound good! What is the solution?