Carlyle, Chevron-Quantum partnership among frontrunners for Lukoil assets, sources say
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Carlyle, Chevron-Quantum partnership, and UAE's IHC are competing for Lukoil's global assets, valued at $22 billion, as a U.S. deadline approaches. Sanctions imposed on Lukoil require the sale of its assets, including oil fields and refineries, by January 17. Lukoil has faced operational disruptions and has been in talks with potential investors since November. Any deal will require clearance from the U.S. Treasury's Office of Foreign Assets Control, which has previously blocked two attempted deals.
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