Overview
- International Holding Company said it has informed the U.S. Treasury of its interest in acquiring Lukoil’s foreign businesses and is in talks with OFAC.
- Other interested parties reported in recent days include Carlyle, Chevron and ExxonMobil, according to media accounts cited by the coverage.
- The U.S. Treasury previously rejected a preliminary agreement with trader Gunvor to buy the assets.
- Washington has authorized negotiations and operations under a temporary license that runs until December 13.
- Lukoil said on Friday it dissolved the supervisory board overseeing its international business.