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Russia's Lukoil in talks with potential buyers of its foreign assets

ReutersNov 14, 2025 2:59 PM

- Russia's second-largest oil producer Lukoil LKOH.MM said on Friday it has been in talks with potential buyers of its foreign assets following last-month sanctions from the UK and the United States.

"The specific deal will be announced after the final agreements have been reached and the necessary regulatory approvals have been obtained," it said.

"The company aims to ensure uninterrupted operations of assets during their sale and transfer to new owners. This will allow avoid the risks of disruptions in the work and supply of energy resources to the countries of presence, and save jobs," it added.

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