The Central Bank of Russia will save the important private bank at the expense of the budget.
Lukoil reduced its oil production in Russia by 10%. Vagit Alekperov and Leonid Fedun withdraw their Russian assets to the US and plan to move overseas.
Vice-President and co-owner of Lukoil Leonid Fedun, in an interview with RBC told about his first scientific paper on OPEC, commented on the decision of the cartel to reduce production, as well as informed why the company had not contested Rosneft for Bashneft, and how the money saved on that deal would be spent.
127 billion rubles necessary for the reorganization shocked market participants and aroused suspicions of deputies against the owners and management of the bank.
According to Forbes reports, Leonid Fedun wants to sell his 9.77% of Lukoil. One of the potential buyers is state-owned Rosneft.