Lukoil Reports $12 Billion Loss in 2025 Due to Sanctions

Lukoil has reported a $12 billion loss in 2025, attributing it to sanctions that forced the write-off of its foreign assets, estimated at $20.2 billion.

20 Mar, 09:41 — 20 Mar, 09:41

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Moscow TimesMostly Factual1h ago

Lukoil Reports $12Bln Loss in 2025 as Sanctions Force Foreign Asset Write-Off

The company said it has written off investments in its international business, Lukoil International, and estimated the cost at $20.2 billion.

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Lukoil Reports $12 Billion Loss in 2025 Due to Sanctions

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Lukoil Reports $12Bln Loss in 2025 as Sanctions Force Foreign Asset Write-Off

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