U.S. Investment Firm Considers Acquiring Russian Oil Company’s Foreign Assets

The American investment company Carlyle is considering the possibility of acquiring Lukoil’s foreign assets, which the Russian company put up for sale after the sanctions imposed by the U.S. Treasury Department in October. One of the sources noted that the company “may still abandon these plans,” but it has already notified Lukoil of its interest. In October, the U.S. Treasury Department included Lukoil and its subsidiaries in a new package of sanctions, which forced the company to consider selling some foreign assets. Earlier, on November 12, it was reported that Lukoil had asked the U.S. authorities to extend the deadline set by the U.S. Treasury Department for completing operations until November 21. The company referred to the need for additional time to close current obligations and consider incoming proposals for its international assets. Neither Lukoil nor the U.S. government commented on this information at the time.