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The foreign oil refineries and additional holdings of Russian company Lukoil are attracting potential buyers as the deadline approaches to secure bargain purchases before American restrictions come into force on 21 November.

International Divestments

Kazakhstan's national company KazMunayGas is considering a purchase for Lukoil's holdings within Kazakhstan, according to sources familiar with the matter.

Shell has demonstrated curiosity in Lukoil's subsea operations in Ghana and Nigeria, multiple sources stated.

Government Takeovers

The government of Moldova has begun negotiations to nationalise Lukoil's operations at the capital's airport.

The Bulgarian government is pursuing taking over and auctioning Lukoil's Burgas refinery, although government officials have requested legal changes to the legislation.

In Egypt, Lukoil has suggested to the government its possible plans to sell out, according to sources.

Corporate Challenge

Lukoil faces either divesting holdings and having the revenue subject to seizure, or their takeover by international governments if it refuses to liquidate.

Energy analysts indicate Lukoil may try to follow Russian oil firm Rosneft, whose three German refineries were put under temporary control in 2022.

Military Developments

The Russian army captured three settlements in the Zaporizhzhia region of the conflict area.

Weather conditions enabled invading forces to infiltrate military posts, with Kyiv's troops engaged in intense fighting to repel the Russian thrust.

Population Impact

Within the conflict zone, where the conditions deteriorated dramatically, elderly residents described perilous situations.

• Unmanned aircraft rendered normal life impossible
• Lack of pharmaceuticals harmed the sick and elderly
• Drinking water shortages added to difficulties

Political Responses

Urban administrator the former boxer has called for the country to boost its fighting numbers by lowering the age of draft eligibility.

International observers have remarked about the power industry corruption in Ukraine, describing it as extremely unfortunate and highlighting the critical need for immediate action.

Leadership Changes

Head of state the country's leader has acted to address increasing citizen anger by firing two ministers allegedly connected in a large-scale bribery scheme.

Government officials also requested targeted measures against the suspected mastermind of the scheme, who purportedly left the country before law enforcement could conduct a property inspection.