tradingkey.logo

Kazakhstan discusses with consultants how to deal with Lukoil stakes in projects, sovereign fund head says

ReutersOct 28, 2025 5:53 AM

- Kazakhstan's authorities are discussing with consultants about how to deal with Russian oil producer Lukoil's LKOH.MM stakes in projects, Kazakh sovereign wealth fund Samruk Kazyna's chairman Aidar Ryskulov told journalists in Astana.

Lukoil said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States.

The planned sale of the assets is the most consequential action so far by a Russian company in the wake of Western sanctions over Russia's war in Ukraine, which started in February 2022.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI