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Lukoil Notifies Romania of Force Majeure in Black Sea Operations, Case Goes to Court

Lukoil Overseas Atash BV, a Dutch subsidiary of the Russian oil giant, has informed Romania that it can no longer operate its nearly 88% stake in the Trident natural gas exploration concession in the Romanian Black Sea, citing force majeure, with the dispute now in court.

24 Feb, 04:48 — 24 Feb, 04:48
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