Lukoil Mulls Conoco Shares Option

摘要

Lukoil will officially explain the purpose of its share buyback from ConocoPhillips at the end of this month, company representatives say, but Vice President Leonid Fedun has already admitted the in- dependent producer could use the shares for mergers and acquisitions. Fedun did not rule out the possibility of using the stake to at- tract a new strategic investor, al- though such a deal is not cur- rently being considered.