Do Russian oil investments abroad fall into the scope of the sanctions?

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The Politicus
Apr 19, 2022 11:36 AM 0 Answers
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In response to the Ukrainian war Europe, the US and few more countries have set up some sanctions against Russian interests, including Russian oil production. However Russian oil and gas companies have a lot of investments outside the Russian Federations and I would like to know whether those interests have been targeted by the sanctions.

For example Lukoil have petrol stations in 18 countries including at least 6 EU countries, but they seem to be working normally:

https://lukoil.be/fr/index.cfm

https://lukoil.bg/en/ForMotorists/PetrolStations

https://lukoil.it/en/ProductsAndServices/Petrolstations

Moreover. Lukoil is developing many oil and gas fields abroad. Rosneft controls the pipeline that transports most of the oil produced in the Kirkuk region, that is a big share of Iraqi oil.

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