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The foreign refining facilities and other assets of Russian firm Lukoil are attracting potential buyers as time runs out to strike cheap deals before US sanctions come into force on November 21st.

International Divestments

Kazakhstan's state firm KazMunayGas is considering a purchase for Lukoil's Kazakh operations, according to sources familiar with the matter.

Shell has demonstrated curiosity in Lukoil's subsea operations in West African nations, multiple sources confirmed.

Nationalization Efforts

The government of Moldova has initiated discussions to nationalise Lukoil's infrastructure at Moldova's main air terminal.

Bulgaria is pursuing confiscating and liquidating Lukoil's Black Sea facility, although government officials have sought amendments to the proposed law.

Across Egyptian territory, Lukoil has indicated to the government its possible plans to sell out, according to sources.

Corporate Challenge

Lukoil faces either liquidating operations and having the revenue subject to seizure, or acquisition by international governments if it fails to divest.

Market observers indicate Lukoil may try to emulate energy company Rosneft, whose European operations were put under external management in 2022.

Conflict Updates

Moscow's forces overran several communities in the occupied zones of the war zone.

Dense fog enabled Russian troops to advance into Ukrainian positions, with Kyiv's troops engaged in gruelling battles to repel the Russian thrust.

Population Impact

At Huliaipole, where the situation had worsened significantly, aging population described life-threatening conditions.

• Aerial dangers rendered normal life impossible
• Medicine shortages impacted those in need
• Limited access to water worsened the situation

Official Statements

Kyiv mayor the former boxer has proposed the country to expand armed forces by reducing the minimum age of conscription.

International observers have commented on the fuel sector misconduct in Ukraine, describing it as deeply concerning and emphasizing the importance for immediate action.

Leadership Changes

Ukrainian president Volodymyr Zelenskyy has taken steps to manage escalating popular discontent by removing government officials allegedly connected in a large-scale bribery scheme.

National leadership also demanded individual restrictions against the alleged organiser of the scheme, who purportedly left the country before authorities could perform a evidence collection.