US EditionLukoil's Empire Crumbles Under U.S. Sanctions
5 Articles
5 Articles
For a long time, the US and the EU had been too tame towards Russia, says Tom Keatinge. However, he considers the new sanctions against the oil companies Rosneft and Lukoil to be drastic. Nor could they be circumvented by Russia's shadow fleet.
Bulgaria: No to Lukoil nationalization, but US sanctions push for "commissioning" - Economic Scenarios
The usual geopolitical mess ends up hitting Europe, as always, this time in Bulgaria . On Wednesday, November 5, the Sofia Parliament rejected a motion calling for the "pure" nationalization of Lukoil's strategic assets in the country. The proposal, put forward by the small nationalist-populist Mech party (and supported only by the pro-Russian Vuzrazhdane), received a paltry 42 votes in favor, 80 against, and 70 abstentions. Does this sound like…
Reuters reports. According to them, Western sanctions against the Russian Federation disrupt the loading of oil in Iraq, the operation of pumping stations in Finland and trade in Switzerland.” Lukoil has 75% of the shares in the field with a daily capacity of 480,000 barrels of oil, and the remaining shares belong to the Iraqi “North Oil Company”, - sources reported.It is known that the Iraqi state company Somo canceled the shipment of three bat…
The Russian giant Lukoil has faced problems in the work of its foreign divisions. The reason was US and British sanctions. This was reported by RBC-Ukraine with reference to Reuters. According to the newspaper's sources, the Iraqi state-owned company SOMO canceled the shipment of three batches of oil produced by Lukoil at the West Qurna-2 field. The Russian company owns 75% of this project with a production capacity of about 480,000 barrels per …
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