US to allow transactions involving Lukoil and Caspian Pipeline Consortium, website shows

US to allow transactions involving Lukoil and Caspian Pipeline Consortium, website shows

November 14, 2025
Source: Investing.com

WASHINGTON (Reuters) -The United States issued general licenses on Friday authorizing transactions involving certain Lukoil entities in Bulgaria and petroleum services and other transactions related to the Caspian Pipeline Consortium, a posting on the Treasury Department’s website showed.

Another license also authorized companies to talk to Lukoil about buying their foreign assets.