Ramoco Fuels offered to lease 194 Lukoil gas stations in the United States for $150 million. However, the Russian company will not receive the money until sanctions are lifted
The American Ramoco Fuels sent Lukoil an offer to lease 194 gas stations of the company in the United States for $150 million, Izvestia writes . According to two Izvestia sources familiar with the terms, the lease is for 24 months and will automatically turn into a purchase once regulatory, environmental and franchising requirements are met. Ramoco's network includes 110 gas stations in New Jersey, Pennsylvania, Delaware and North Carolina.