According to reports, the Kailai Group is exploring the acquisition of overseas assets of Luke Oil.
Three sources familiar with the matter revealed that American private equity giant Carlyle Group is exploring plans to acquire the overseas assets of Russian oil giant Lukoil. As one of the efforts to push the Kremlin to participate in peace talks on the Ukraine issue, the United States has imposed sanctions on Lukoil and prevented the company from selling assets to Swiss trader Gunvor before the sanctions deadline on November 21. Lukoil's oil production, both domestically and internationally, accounts for about 2% of the global total production. The company has stated that it is looking for buyers for its international assets. According to documents submitted in 2024, the oil production of these assets accounts for over 0.5% of the global total and is valued at around $22 billion. One source mentioned that Carlyle Group is currently at the preliminary exploration stage of acquiring these assets.
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