By Ian Walker
Lukoil PJSC said Thursday that it has bought a 15.5% interest in the Shah Deniz natural gas project in the Azerbaijan sector of the Caspian Sea from Petronas for $2.25 billion.
The Russian oil-and-gas company said that following the acquisition it will have a 25.5% share in the project.
BP PLC is operator of the project with a 28.8% share.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
10-07-21 1056ET