Russia's Lukoil sells Kazakhstan stakes to China's energy giant


(MENAFN- AFP) Russia's largest private oil firm Lukoil has sold some of its Kazakhstan stakes to China's energy giant Sinopec for $1.09 billion, the company said Thursday.

Lukoil has offloaded its 50 percent share in Caspian Investments Resources, which operates five fields in the Central Asian nation, the statement said.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.