🔗 Share this article Asset Liquidation of Russian Oil Giant Holdings Before US Sanctions Kick In Overseas refining facilities and additional holdings of Russian company Lukoil are drawing interest from investors as the deadline approaches to strike cheap deals before US sanctions come into force on November 21st. Global Liquidation Efforts The Kazakh state firm KazMunayGas is considering a purchase for Lukoil's holdings within Kazakhstan, according to industry experts. Energy giant Shell has expressed interest in Lukoil's deepwater assets in Ghana and Nigeria, industry observers confirmed. Government Takeovers The government of Moldova has begun negotiations to take over Lukoil's infrastructure at Chisinau airport. The Bulgarian government is pursuing seizing and reselling Lukoil's Burgas refinery, although government officials have demanded revisions to the legislation. In Egypt, Lukoil has indicated to the government its possible plans to liquidate holdings, according to insiders. Corporate Challenge Lukoil faces either divesting holdings and having the proceeds potentially seized, or acquisition by international governments if it fails to divest. Market observers indicate Lukoil may try to follow energy company Rosneft, whose three German refineries were put under temporary control in 2022. Military Developments Invading troops seized several communities in the Zaporizhzhia region of southern Ukraine. Poor visibility enabled invading forces to penetrate Ukrainian positions, with Ukrainian units engaged in intense fighting to defend their positions. Civilian Suffering At Huliaipole, where the situation had worsened significantly, aging population described dangerous circumstances. Unmanned aircraft made life too dangerous Medical supply deficits affected vulnerable populations Limited access to water compounded the crisis Government Reactions Kyiv mayor Vitaly Klitschko has proposed the country to expand armed forces by lowering the age of draft eligibility. Global leaders have commented on the power industry corruption in Ukraine, describing it as particularly troubling and stressing the critical need for comprehensive response. Ministerial Dismissals National leader Volodymyr Zelenskyy has moved to contain increasing citizen anger by firing two ministers suspected of participation in a extensive corruption network. The president also called for targeted measures against the alleged organiser of the operation, who purportedly left the country before investigators could execute a search operation.