Business · Companies · 9 hrs ago
US and Russia in contact over sale of Lukoil’s overseas assets
Russia and the United States are communicating about the sale of Lukoil’s overseas assets, Kremlin spokesman Dmitry Peskov said.
The assets belong to Lukoil, a Russian oil company.
The US Treasury has issued a sanctions exemption for talks about the sale, allowing discussions to proceed without those talks being covered by US sanctions.
The exemption has been extended until November 21.
Peskov said the license could be renewed, but no renewal has been announced.
He did not identify a potential buyer, saying the deal is commercial and cannot be discussed publicly.
The sale could therefore continue under the exemption, though the buyer and final outcome remain unknown.
Russia and the United States are in contact over the sale of Russian oil company Lukoil’s overseas assets, Kremlin spokesman Dmitry Peskov said.
Peskov said the US Treasury license allowing talks on the sale to proceed without sanctions can be renewed without difficulty.
He said the potential buyer could not be discussed publicly because the transaction is commercial.
The US Treasury extended the license until November 21.
- Who
- Russia and the United States are in contact; Lukoil is the company whose overseas assets are being sold.
- What
- The two countries are communicating about the sale of Lukoil’s overseas assets.
- When
- Peskov spoke on October 21, 2026. The US Treasury license runs until November 21.
- Where
- Not stated
- Why
- The parties are discussing the sale of Lukoil’s overseas assets, under a US Treasury license that exempts sale talks from sanctions.
This story does not have two clearly opposing sides.
Peskov said Russia and the United States were communicating about the sale of Lukoil’s overseas assets.
The US Treasury license exempting talks on the sale from sanctions was extended through this date.
- Company
- Lukoil
- Countries in contact
- Russia and the United States
- License deadline
- November 21
- License issuer
- US Department of the Treasury
What people are saying
Indeed, communications are underway in this regard, between Russia and the United States. The license in this case can be renewed without any difficulty.
This is a commercial deal, it cannot be discussed publicly.