Source: Reuters (via feed)
The U.S. has extended the deadline for potential buyers to negotiate the purchase of Lukoil’s international assets to April 1. The original cutoff was the end of February, according to an Office of Foreign Assets Control document reviewed by Reuters. This extension allows more time for companies exploring these asset acquisitions to finalize discussions. The move comes amid ongoing scrutiny of Russian energy companies and their overseas holdings. No further details on the asset sales or buyers involved were disclosed. The adjustment also reflects continuing regulatory oversight by U.S. authorities on transactions linked to Russian entities. Potential buyers now have over a month additional time to complete their negotiations. The timeline extension may affect market movements related to Lukoil’s international energy assets.
Extending the deadline offers businesses and investors additional time to comply with U.S. regulations related to Lukoil’s overseas asset transactions.
