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Home News Conoco to Unload Full LUKoil Stake

Conoco to Unload Full LUKoil Stake

Published on 29/07/2010

ConocoPhillips said Wednesday that it would unload its full 20 percent stake in LUKoil by 2011, ending a nearly six-year strategic partnership with Russia's second-biggest company. LUKoil agreed to buy back 7.6 percent of its shares.