Ilya Vedmedenko8:37 PM, November 12, 2025

Lukoil may lose 15-17% of its total hydrocarbon production.

Lukoil shares continue to fall on the Moscow Exchange for the fourth week in a row amid US sanctions and the collapse of the deal to sell the company’s foreign assets, The Moscow Times reports .

During Wednesday’s trading, Lukoil shares fell to 4,900 Russian rubles per share—their lowest in two and a half years. The company’s stock has fallen 4.6% in one day, 7.4% since the start of the week, and 18.6% since October 23, when sanctions were imposed.

As a result, the market capitalization of Russia’s largest private oil company decreased by 777 billion rubles ($9.6 billion).

Lukoil was the biggest decliner among blue-chip stocks on the stock exchange. Investors believe that sanctions will make it difficult for the company to exit its foreign assets without significant losses.

Lukoil is losing ground

Analysts note that Lukoil is facing almost complete paralysis in foreign markets.

Experts believe the Russian company could lose €14 billion in assets after the US blocked Swiss trader Gunvor’s attempt to acquire Lukoil International.

The company has until November 21 to sell or write off its international assets, while Western companies are rushing to comply with US demands to sever ties with the Russian side.

It was reported, in particular, that Romania should take control of the Romanian subsidiary of the Russian Lukoil.

(C)UNIAN 2025