Lukoil has reached an agreement with American company Carlyle to sell Lukoil International GmbH, which owns its foreign assets, Russia’s oil major announced. The agreement is not exclusive as Lukoil continues negotiations with other potential buyers, the company noted. "PJSC Lukoil informs that it signed agreement with US investment company Carlyle on sale of Lukoil International GmbH (100% subsidiary of PJSC Lukoil which owns international assets of Lukoil Group). The company recalled that the sale of Lukoil International is related to the introduction of restrictive measures by certain states against Lukoil and its subsidiaries. In October, the US and UK put Lukoil on sanctions lists, after which the company announced its intention to sell its international assets and cited Gunvor's offer to purchase Lukoil International GmbH.