Hungary considers buying Lukoil's international assets

This was reported by Reuters.

The United States imposed sanctions on russia's largest private oil refiner in October as part of efforts to pressure Moscow to end the war in Ukraine, forcing Lukoil to announce the sale of its foreign assets.

Lukoil is in talks with oil giants Exxon Mobil and Chevron, as well as investors from the Middle East, ahead of the US deadline of 13 December.

Lukoil's international business owns oil refineries in Europe, stakes in oil fields in Kazakhstan, Uzbekistan, Iraq and Mexico, and hundreds of petrol stations around the world.

Oil and gas company MOL wants to buy Lukoil's refineries and petrol stations in Europe, as well as stakes in production assets in Kazakhstan and Azerbaijan, one of the sources said.

Source: Economic Pravda, Reuters