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Trying Again: Carlyle Group in Talks to Buy Lukoil International Assets



February 3, 2026–Written by Paul Wiseman for IIR News Intelligence (Sugar Land, Texas) — The U.S. having blocked two previous sale attempts, Russia’s number two oil producer, Lukoil PJSC, is discussing the sale of most of its international assets to U.S. investment firm Carlyle Group. Those assets are valued at approximately $22 billion, but both parties report that no price has been agreed upon.



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