Lukoil will buy from Petronas 9.99% in the Shah Deniz project instead of 15.5%

Lukoil will reduce the stake it acquires from Petronas in the Shah Deniz project from 15.5% to 9.99% after negotiations with project partners on the issue of property rights, the company said.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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