Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by dpupkin | Mon, 2010-04-12 20:29
selected project
Lukoil Business Halt
description
Lukoil plans to halt gasoline sales to Iran in the near future. Lukoil is not a major sales partner with the Islamic Republic, exporting only 250,000 to 500,000 barrels of gasoline to Iran every other month compared to Total's monthly shipment of over 1 million barrels. This business halt, combined with Lukoil’s recent withdrawal from a major project in Iran, is a sign that the company has decided to withdraw completely from the Iranian market.
Status
- Current Status:
- Discussion Date:
- Contract Date:
- Completion Date:
Citation
1. "Russia's Lukoil to halt gasoline sales to Iran", Reuters, 7 April 2010, available at http://www.ynetnews.com/articles/0,7340,L-3872694,00.html
2. "Iran gasoline imports in May to fall 20 pc", TradeArabia, May 4, 2010, available at http://www.tradearabia.com/news/ogn_179220.html
All projects by Lukoil
Country |
Contractor | Project Name | Amount (Current Dollar Value) | Last Action | Status | ||
|---|---|---|---|---|---|---|---|
| Lukoil | Lukoil, Anaran Project Halt | $63 million |
03/24/10 |
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| Lukoil | Lukoil Business Halt | ---- |
04/07/10 |
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