Russia’s oil giant Lukoil, sanctioned by Washington over the Ukraine war, said Thursday that it would sell its foreign assets, including those in Nigeria and five other countries, to the US investment firm, The Carlyle Group. The firm’s vast foreign assets include shares in oil fields and refineries across the globe, including in Iraq, Azerbaijan, Egypt, the United Arab Emirates, Nigeria, and Mexico. Lukoil “informs that it signed an agreement with US investment company Carlyle on the sale of Lukoil International GmbH,” Russia’s second-biggest oil producer said, without disclosing the deal’s value. The deal excluded assets in Kazakhstan and will require US Treasury approval, Lukoil said, adding that it was still negotiating with other investors. Lukoil shares rose 3.5 per cent on the news, according to the Moscow stock exchange.