LUKOIL reached agreement with SINOPEC and reduced the value of a deal to $1.06 bln

LUKOIL and Chinese Sinopec signed an agreement, regarding the sale of 50% of participation share in Caspian Investment Resources Ltd, belonging to the Russian company. As they stated in LUKOIL, the cost of the shares would make up $1 067 million.

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