---
title: "The United States has extended the deadline for negotiations on the sale of Lukoil assets to May 30"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284774907.md"
description: "The U.S. Department of the Treasury's Office of Foreign Assets Control announced that it will extend the validity of the negotiation license for the sale of international assets of Lukoil until May 30, 2026. This is the fifth extension of the license since Lukoil was sanctioned in October 2025, aimed at providing more time for Lukoil to negotiate with potential buyer The Carlyle Group. The sale agreement must ensure a \"complete separation\" of the assets from Lukoil, and the funds must be deposited into frozen accounts"
datetime: "2026-04-30T12:48:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284774907.md)
  - [en](https://longbridge.com/en/news/284774907.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284774907.md)
---

# The United States has extended the deadline for negotiations on the sale of Lukoil assets to May 30

The U.S. Department of the Treasury's Office of Foreign Assets Control announced on Wednesday that it will extend the license allowing negotiations with Russia's Lukoil for the sale of its international assets until May 30, 2026. The previous deadline was May 1, marking the fifth extension of this license since Lukoil was placed on the sanctions list in October 2025.

This extension provides more time for negotiations between Lukoil and potential buyer, U.S. investment firm The Carlyle Group. Lukoil's international assets include oil fields, refineries, and a network of gas stations from Iraq to Finland, valued at approximately $22 billion. The main entity involved is Lukoil International GmbH, which manages the vast majority of Lukoil's overseas operations outside of Russia.

According to the U.S. Treasury's requirements, any sale agreement must achieve a "complete separation" of the international assets from Lukoil; additionally, the proceeds from the sale cannot be remitted back to Russia and must be deposited into a frozen account under U.S. jurisdiction until sanctions are lifted.

In Romania, the Petrotel refinery located in Ploiești has been shut down since October 2025, previously meeting over 20% of the local market's fuel demand. Furthermore, the separate operating license for Lukoil's retail gas stations in Moldova and other locations has been extended until October 29, 2026, to ensure stable local fuel supply

### Related Stocks

- [LUKOY.US](https://longbridge.com/en/quote/LUKOY.US.md)
- [LKOD.UK](https://longbridge.com/en/quote/LKOD.UK.md)
- [CG.US](https://longbridge.com/en/quote/CG.US.md)

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