BAKU (AFX) – OAO LUKoil’s sale of a 10% stake in Azerbaijan’s offshore Azeri-Chiraq-Guneshli oil field has been held up because of a row with the Azeri government over tax, LUKoil sources said. The stake was sold to Japan’s INPEX in December last year for US$1.375 billion in cash, subject to an approval from the…
AZERBAIJAN: LUKoil in tax dispute with Azeri government over sale of ACG project stake
Posted on April 10, 2003 by EnergyAsia