Sector News

Russia's Lukoil interested in buying controlling stake in Bashneft – CEO

February 17, 2016
News

Russia’s second-largest oil producer Lukoil is interested in acquiring a controlling stake in Russian oil company Bashneft , Lukoil’s chief executive said on Tuesday.

Vagit Alekperov, Lukoil’s CEO, added that his company had an oil price of $30 a barrel in its budget for 2016. (Reporting by Olesya Astakhova; Writing by Alexander Winning; Editing by Jack Stubbs)

Source: Reuters

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