"Lukoil Announces Sale of Foreign Assets Due to US Sanctions"
Illustrative photo “The company is starting the process of selling its foreign assets and is already accepting applications from potential buyers. This step is being taken in accordance with the OFAC (Office of Foreign Assets Control) license, allowing for the winding down of operations,” representatives of Lukoil reported. They also added that if necessary, the company will appeal to OFAC for an extension of the license to ensure the uninterrupted operation of its foreign assets. According to