September 01, 2017 BY Valentina Kirilova
Russia's Lukoil to sell its Geneva-based oil-trading business
Lukoil PJSC announced that is considering selling its Geneva-based marketing and trading business, a move that would mark a significant pull back in the international presence of Russia’s second-largest oil company. According to Reuters, Lukoil is considering selling its Swiss unit Litasco because new U.S. sanctions on Russia will make it harder for the Geneva-based…
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