Neste Oil and Lukoil have closed transaction of Neste Oil's stake in SeverTEK
Neste Oil and Lukoil have today closed the transaction concerning the sale of Neste Oil's 50% stake in oil production company SeverTEK to Lukoil. Details of the transaction were initially disclosed yesterday 22 November 2005.
Neste Oil Corporation
Senior Vice President, Communications
Neste Oil Corporation is a leading independent Northern European oil refining and marketing company, with a focus on advanced, clean traffic fuels. Neste Oil's refineries are located in Porvoo and Naantali, Finland, and have a total refining capacity of approx. 250,000 bbl/d. The company employs around 4,500 people. Neste Oil is listed on the Helsinki Stock Exchange (symbol: NES1V). For further information, see www.nesteoil.com.