The US has postponed sanctions against Lukoil for the fourth time

This is explained by the time needed to conclude sales agreements.

This was reported by Reuters, citing four sources familiar with the negotiations, as well as a document from the US Office of Foreign Assets Control, which was reviewed by journalists.

According to three sources, the latest rounds of trilateral talks between Ukraine, the US and russia raised the issue of US sanctions against Lukoil and russia's largest oil producer, the state-owned company Rosneft.

According to one of the sources, any agreement with Lukoil requires that all proceeds from the sale be deposited into a frozen account under US jurisdiction.

On 7 February, President Volodymyr Zelensky said that Ukrainian intelligence had informed him that Putin's special representative Kirill Dmitriev had offered the White House a $12 trillion economic deal. One source said the offer included Lukoil's assets, which could further complicate the sale.

Source: Babel, Reuters