LUKOIL can examine and consider opportunities for disposal of its diamond asset operated by OJSC Arkhangelskgeoldobycha, in case of obtaining an attractive offer, noted Vagit Alekperov, the Head of oil company, at press conference within the scope of International Economic Forum in Saint Petersburg, cited by PRIME news agency.
“Actually diamond mining is not a core business for our company, but you remember that we obtained this diamond project supplementary to acquisition of oil and gas assets. At present time the project is being developed as it fit our rate of profitability, however should we get an offer to dispose it – we are ready to consider sale of the diamond project,” – Alekperov noted in response to a question concerning LUKOIL’s plans to shuffle the diamond asset.
Having been asked to comment on possibility of exchange of diamond project for the gas assets owned by ALROSA, LUKOIL chairman noted: “We are always interested in any assets.”
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