Lukoil's international assets and potential buyers [BNN Bloomberg (Canada)]
Exxon Mobil Corporation (XOM)
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Source: BNN Bloomberg
The assets, which include oil fields, refineries, and a network of retail gas stations, are worth about US$22 billion and have drawn widespread interest, with specific deals requiring separate U.S. Treasury approvals. Below are details of Lukoil's international assets and potential buyers: Potential buyers Interested parties include private equity giant Carlyle, a group comprising oil major Chevron and Quantum Capital Group as well as UAE-based investor International Holding Company U.S. oil major Exxon Mobil , Hungary's MOL and Saudi Arabia's Midad Energy have also expressed an interest. The U.S. Treasury has already blocked two bidders - Gunvor and U.S. bank Xtellus Partners - highlighting the geopolitical hurdles involved in a potential acquisition. Upstream operations Middle East Lukoil's biggest foreign asset is a 75 per cent stake in Iraq's West Qurna 2, one of the world's largest oilfields. It declared force majeure at the field after Iraq halted payments. So f
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