Sanctions to NIS
The USA extended the license for the operation of about 2.000 gas stations of the Lukoil company
The US extended Lukoil's license to operate outside of Russia until October 29, despite previously imposed sanctions
American licenses
When does the license for NIS expire, and when does it expire for Lukoil
The US Office of Foreign Assets Control has issued a new license to NIS that is valid until March 24. Lukoil also received a license, the deadline of which is April 26. How are these two licenses different?
Energy Industry
Bulgaria placed Lukoil under state management
Although Bulgaria did not formally nationalize Lukoil, it established state control over operations through a special administrator. Parliament voted this decision after stormy discussions and it cannot be challenged in court
Lukoil
Swiss Gunvor gave up the purchase of Lukoil
Switzerland-based Gunvor has said it is withdrawing its bid to buy the international assets of Russia's Lukoil after the White House called it a "Kremlin puppet".