You're reading: Firtash hopes to agree on purchase of oil refinery in Ukraine by 2013

RIVNE – The head and owner of Group DF, Dmytro Firtash, has said he hopes to reach agreement on the purchase of an oil refinery in Ukraine before the end of 2012.

"I hope that we will reach agreement by the end of the year. I believe that if all goes well, we will buy an oil refinery," he told reporters in Rivne on June 8.

The businessman added that he plans to invest $2.7 billion in the development of the petrochemical sector at all of his chemical plants in Ukraine, not including the cost of the purchase and the modernization of the oil refinery.

"We have clearly drafted a scheme for each plant – who will do what. The plan has been drawn up and approved," Firtash said.