Lukoil's Finnish petrol stations to shut over US sanctions

Lukoil's Finnish subsidiary to shut down fuel stations

Decision follows downsizing plans of company's operations in Finland - Anadolu Agency

Lukoil’s Finnish gas stations to shut over US sanctions

Lukoil's Finnish petrol stations to shut over US sanctions

Finnish petrol station operator Teboil, owned by Russian oil major Lukoil , said on Wednesday it is preparing to shut down all its stations in the Nordic country as fuel runs out amid U.S. sanctions against its parent company.

Sanctions claim first major casualty: Lukoil's Finnish subsidiary Teboil announces closure

US sanctions force Lukoil's Finnish unit, Teboil, to close, triggering broader asset restructuring and cautionary warnings from Finnish financial regulators.