The “renationalisation” of Odessa Oil Refinery

The Odessa Oil Refinery has an interesting contemporary history – and naturally not one without shenanigans involving those holding high office at the relevant time.

Once owned by Russian producer Lukoil, the Odessa Oil Refinery was “bought” by Sergei Kurchenko’s VETEK Group in 2013, less than a year prior to his fleeing Ukraine for Russia along with many of the Yanukovych “family”.

It follows that in 2014 the refinery was swiftly subject of arrest by the Ukrainian courts following the flight of the former Yanukovych regime along with many other assets acquired.