It became known about the expiration of the agreement on the sale of foreign assets of Lukoil

Lukoil’s agreement with the American investment group Carlyle on the sale of foreign assets of the Russian oil company became invalid at the end of July, since it was not approved by OFAC of the US Treasury. Interfax reports this with reference to the reporting of the subsidiary of Lukoil, which owns these assets.

The document notes that the potential transaction is currently “intensive discussions with other interested parties”, in the light of which “management expects to sign a share purchase agreement”, and before that, “expects the continuous renewal of the necessary licenses.”

According to the Financial Times (FT), as of September, the deal with Carlyle, which was agreed upon in January, was stuck in the White House and “the matter is simply not moving anywhere.” The same FT wrote that the former owner of the Chelsea football club, billionaire financier Todd Boehly, has enlisted the support of the US government and influential individuals from the Gulf countries to apply for the purchase of assets as part of a consortium, and The New York Times reported that discussions between representatives of Washington and Moscow about the prospects for resolving the Ukrainian conflict also concern a “multi-billion-dollar oil deal” associated with Lukoil.