Post US Sanctions, Russia’s Oil Major Lukoil To Sell Overseas Assets

Moscow-headquartered Lukoil has announced plans to sell its overseas assets following sanctions imposed by the United States and allied nations.The Russian oil giant confirmed through a statement carried by state media agency TASS that it has initiated the process of considering bids from potential purchasers. The company said the decision was being implemented under a wind-down licence issued by
Moscow-headquartered Lukoil has announced plans to sell its overseas assets following sanctions imposed by the United States and allied nations.The Russian oil giant confirmed through a statement carried by state media agency TASS that it has initiated the process of considering bids from potential purchasers. The company said the decision was being implemented under a wind-down licence issued by
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