Russian Lukoil calls for an immediate end to the war against Ukraine.

Friday, March 4, 2022
Russian Lukoil calls for an immediate end to the war against Ukraine.

Russia’s second-largest oil producer, Lukoil, called on the Russian government Thursday to end the war in Ukraine as soon as possible. Lukoil was one of the first major Russian companies to oppose Russia’s invasion of Ukraine. In a statement, the company’s board said it was concerned about the tragic events in Ukraine and supported talks to end the war. “We call for an immediate end to the armed conflict and fully support its resolution through the negotiation process and diplomatic means,” the statement said. In January of this year, the US Office of Foreign Assets Control included Lukoil in sectoral sanctions, which imposed restrictions on agreements regarding individual projects. Since the beginning of the war, Lukoil co-owner Vagit Alekperov has lost more than $5B.

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