Tag: Gunvor
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US Treasury Department says it won’t accept Gunvor’s purchase of Lukoil’s assets
US Department of the Treasury has announced that it won’t be accepting Gunvor purchase of Lukoil’s foreign assets. Gunvor is owned by the Swedish billionaire Torbjörn Törnqvist, who is a friend and close associate of Vladimir Putin. He purchased Guvnor from its co-founder, Gennady Timchenko, another close Putin associate before he was sanctioned by the…