Lukoil has moved to divest its overseas holdings after the US imposed sanctions on the company in October
Former Pornhub owner Bernd Bergmair is considering the purchase of sanctioned Russian oil major Lukoil’s international assets, Reuters reported on Wednesday, citing sources.
Washington imposed sanctions on Lukoil in October, prompting the company to divest its overseas holdings worth an estimated $22 billion. Lukoil soon accepted an offer from energy trader Gunvor Group to buy its subsidiary holding all foreign assets, although the deal fell through after the US Treasury accused Gunvor of having Kremlin ties.
According to Reuters, Bergmair…
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