Processing Magazine

ConocoPhillips Won''t Comment on Lukoil Sale Report

March 24, 2010

ConocoPhillips spokesman John Roper told MarketWatch the oil major won''t comment on a report that it''ll sell part of its 20 percent stake in Lukoil. According to MarketWatch, Lukoil Chief Executive Vagit Alekperov said Tuesday that ConocoPhillips has told Lukoil of its plan to shed a chunk of Lukoil, Russia''s second-largest oil firm.