Entity

Litasco SA is the international trading arm of Lukoil, incorporated in Geneva on 6 April 2000, where it is headquartered and responsible for global marketing, trading, and some downstream assets, including stakes in foreign refineries and retail networks.

Business activities

• Core role: Exclusive international marketing and trading company for Lukoil; trades crude oil, refined products, gas, and biofuels.
• Scope: Operates across Europe, Africa, and the Americas, with trading, shipping, refining, and retail activities.
• Assets: Owns and operates some of Lukoil’s foreign downstream businesses, including retail networks and refineries in Bulgaria and Romania, and historically a 45% stake in the Zeeland refinery in the Netherlands.

Scale and organization

• Group: Litasco Group comprises LITASCO SA plus subsidiaries (e.g., LITASCO Pan Americas, LITASCO Benelux).
• Employees: Roughly 200–250 employees globally, with about 200+ reported in group/HR materials.
• Activity level: Among the larger global traders of crude and refined products, reported volumes historically around 1+ million barrels per day.

Litasco’s strategic function is to centralize Lukoil’s international trading and foreign downstream holdings.