Lukoil said that earlier media reports on the company supplying Iran with oil products, in violation of US sanctions against the country, are “erroneous”. The Russian company has also sent an open letter to US Congressmen Mark Steven Kirk and Ron Klein, stating that Lukoil has not invested in Iran for “many years”, and gradually downsized its trading operations there.
Lukoil denies breaking US sanctions imposed on Iran
RUSSIAN oil company Lukoil has denied any involvement in Iran in a special statement this week, as it is apparently unwilling to harm retail operations of its subsidiary in the US, writes Vladimir Afanasiev.
17 September 2010 1:27 GMT
Updated
17 September 2010 1:27 GMT