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Trump administration backs consortium led by Todd Boehly to acquire LUKOIL's international assets
The Trump administration is supporting a potential agreement for a consortium led by investor Todd Boehly to purchase LUKOIL's international assets. The consortium includes the U.S. International Development Finance Corporation. It plans to acquire LUKOIL operations in Asia, Europe, Africa and North America, with a combined production capacity of more than 350,000 barrels per day. The deal may also cover three refineries and is valued at approximately $20 billion.