Lukoil Considers Investments in Russian Wind Farms
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OAO Lukoil may turn to Russia for future renewable energy projects as its units in Bulgaria and Romania are hurt by subsidy reductions.
The Russian energy company may start a pilot project for 10 megawatts of wind generation in Kaliningrad as early as next year if Russia reduces restrictions requiring equipment to be bought locally, Maxim Karnaukhov, first deputy general director of Lukoil-Ecoenergo, said in an interview.