Lukoil unveils plans to sell its international assets
Russia’s second-largest oil producer makes move after the US imposed sanctions on the company
Russia’s second-largest oil producer makes move after the US imposed sanctions on the company

Washington also takes steps to reduce disruption stemming from sanctions it has imposed on Russian oil producer

Buyer had close ties to Moscow and was co-founded by close associate of Vladimir Putin

Washington’s move to prevent oil trader Gunvor from buying Russian group’s assets revives prospect of Rosneft power grab

Decision risks upending the industry by disrupting exports and forcing both companies to adapt

Agreement comes after US targeted Russian company with sanctions in October

US buyout group is one of several bidders vying for parts of oil major’s sanctions-hit international operations