Lukoil mulls building solar, wind parks in Bulgaria.

By bne IntelliNews March 9, 2011
Russian oil company Lukoil plans to install photovoltaic and wind power generators in Bulgaria and Romania as part of its strategy to enter the renewable energy market, Russian RIA Novosti reported. The company will prepare the installations plans by the end of this year. Lukoil has not revealed the investment plans neither the potential locations. Lukoil runs the local oil refinery Lukoil Neftochim, located in the southern Black Sea city of Burgas, and a chain of petrol stations in the country Lukoil Bulgaria.

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