The losses of "LUKOIL" from the failed transaction with Sinopec are worth $ 358 million.
Edited by Rhod Mackenzie / 2015-03-04 06:43:02
The transaction was scheduled to close before the end of last year, "Lukoil" would have have received $ 1.2 billion from it.
Loss of "Lukoil" from the proposed deal to sell 50% in Caspian Investment Resources (CIR) totaled $ 358 million, according to a Russian company reporting under US GAAP for 2014.