Gunvor CEO Says Deal for Lukoil Global Assets Is ‘Clean Break’

Gunvor Group Chief Executive Officer Torbjörn Törnqvist said an agreement to acquire Russian oil producer Lukoil PJSC’s international portfolio represents a “clean break” for the assets.

By Archie Hunter, Joumanna Bercetche, Salma El Wardany · Bloomberg Markets

Gunvor Group Chief Executive Officer Torbjörn Törnqvist said an agreement to acquire Russian oil producer Lukoil PJSC’s international portfolio represents a “clean break” for the assets.