Odessa Oil Refinery pledged to Russian VTB Bank.

Odessa Oil Refinery of VETEK group was transferred to VTB Bank as the collateral, Vladimir Nemirovsky, the chairman of the Odessa regional administration, stated.

"It was acquired by VETEK for VTB loan. Today the situation is determined. Given that the refinery was used as the collateral, it is transferred to VTB in credit debt of $ 300 million. That’s it now" - OilNews quotes.

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