Due to sanctions, Lukoil is selling its foreign assets

“ On October 27, the Russian oil company Lukoil announced its intention to sell international assets after sanctions were imposed on it and its subsidiaries by the United States and other countries. Source: statement on the company’s website Verbatim: “In connection with the introduction of restrictive measures against the company and its subsidiaries by some countries, the Company announces its intention to sell its international assets. Consideration of proposals from potential buyers has begun.” Details: Lukoil notes that the sale will take place within the scope of the license issued by the Office of Foreign Assets Control (OFAC) of the US Treasury. If necessary, the company plans to apply for an extension of the license to ensure uninterrupted operation of international assets until the deals are completed. What happened before: The US President expects Europe to completely abandon Russian oil and gas. He recently introduced sanctions against Rosneft and Lukoil. After that, Orbán said that his government was working to circumvent the sanctions. After that, US Ambassador to NATO Matthew Whitaker said that Washington expects Hungary to give up Russian oil and gas.”, — write: www.pravda.com.ua