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    Tag: Lukoil

    Nov 22
    No African State Oil Firms Step Forward for Lukoil’s $22bn Divestment Package

    Russian oil major Lukoil, facing mounting Western sanctions, is progressing with the sale of its international upstream portfolio—estimated at around $22 billion—yet none of the African national oil companies (NOCs) that hold contractual pre-emption rights have so far signaled intent to bid.   The assets on offer include stakes in producing and development projects across […]