Lukoil's Trading Arm Looks to Revive U.S. Business

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 25 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 68%

Litasco Noticias

Lukoil,Oil Trading,Americas

Litasco, the trading arm of Russian oil giant Lukoil, seeks to rebuild its business in the Americas by securing credit lines and distancing itself from Russian oil and its parent company.

Litasco, the international oil trading and shipping firm owned by Russian oil company Lukoil, is looking to rebuild its business in the Americas by arranging credit lines and distancing itself from Russian oil trades and its parent, sources close to Litasco have told Reuters. Litasco and Lukoil have not been sanctioned by the United States as part of the wide-ranging sanctions on Russian energy companies. The U.S.

Banks, insurers, and other stakeholders in the oil trading business have been avoiding doing deals with Litasco anyway, for fear of future sanctions on the company or Lukoil, and for concerns about image as many players have sought to distance themselves from trading in Russian oil and petroleum products. Litasco is now looking to distance itself from its Russian parent Lukoil, the second-biggest oil producer in Russia after state-controlled Rosneft, one source told Reuters.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 34. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Trading platform Ziglu adds customers with acquisition of Damex armThe deal, which will be announced during Gibraltar Finance Week, will come more than two years after Ziglu was nearly sold to Robinhood, the US trading platform, Sky News understands.
Fuente: SkyNews - 🏆 35. / 67 Leer más »