Source link : https://london-news.net/impact-of-latest-u-s-sanctions-on-rosneft-and-lukoil-navigating-the-future-of-russias-oil-market/
The initial sanctions imposed by the United States on Russia following Donald Trump’s reinstatement as president are aimed at the nation’s two largest oil companies, potentially impacting global energy markets.
These sanctions empower the U.S. to exert considerable pressure on the foreign branches of Rosneft and Lukoil and dissuade international partners from engaging in business with them.
Trump has consistently advocated for a reduction of Russian oil exports to its two major buyers, China and India, to heighten economic pressure on the Kremlin and strengthen the U.S. position in any potential negotiations regarding the conflict in Ukraine.
Here’s an overview of the anticipated effects of these sanctions:
**What will become of Russia’s international energy assets?**
The new sanctions introduce significant challenges for Russia’s overseas energy operations and may disrupt international trade.
On Monday, Lukoil announced plans to divest its international assets, which account for about one-third of the company’s overall operations, in response to these sanctions.
Lukoil’s primary foreign investment is a 75% stake in the West Qurna-2 oilfield in Iraq, along with minority interests in gas and condensate projects in Kazakhstan and Azerbaijan, as well as full ownership of refineries in Bulgaria and Romania.
Rosneft’s key foreign asset consists of a 49% stake in Nayara Energy in India, which operates the Vadinar refinery, the third-largest in the country,…
—-
Author : rimmaruslan98@gmail.com
Publish date : 2025-10-30 17:49:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8