Russia’s Lukoil To Sell Bulk Of International Portfolio To US Carlyle Group Russia’s second-largest oil producer, Lukoil, has agreed to sell the bulk of its international assets – initially valued at $22 billion by analysts – to private equity heavyweight Carlyle, as Western sanctions continue to force a fire sale of Russian energy holdings abroad. This sanctions-induced fire sale was expected, as the company had first unveiled in late October: “Lukoil informs that owing to introduction of restrictive measures against the Company and its subsidiaries by some states the Company announces its intention to sell its international assets.” Via Harici The… — Continue at ZeroHedge News : Read More
