Lukoil Selling Lithuania, Latvia Assets on Anti-Russia Sentiment

Lukoil PJSC has decided to sell its filling stations in Lithuania and Latvia after relations toward Russia worsened in the Baltic nations, according to billionaire Chief Executive Officer Vagit Alekperov.

“Right now our assets are for sale in Lithuania and Latvia, where there is fairly serious anti-Russian sentiment,” Alekperov said in an interview on Russian state television Rossiya 24. Russia’s second-largest oil producer has already sold assets in Estonia.