Russia's Lukoil Plans Asset Sales Amid Sanctions Impact
TL;DR Summary
Lukoil plans to sell its international assets following Western sanctions related to Ukraine, marking a significant move by a major Russian oil company. The sale is conducted under an OFAC wind-down license, with potential bids being considered, and includes assets like the Iraq West Qurna 2 oil field and refineries in Bulgaria and Romania.
- Russia's Lukoil says it plans to sell international assets due to Western sanctions Reuters
- Sanctioned Russian Oil Will Find New Ways to Flow The Wall Street Journal
- Trump’s Russia Sanctions Shift War Dynamics to the Energy Front The New York Times
- US Floats Six-Month Deadline for Germany to Sort Rosneft Issue Bloomberg.com
- Donald Trump Sanctions Win as Russian Oil Giant Sells Off Vast Assets Newsweek
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