Trafigura reports record first half, writes down interest in Russia’s Vostok Oil project to zero
The Geneva-based trader said it aimed to divest its 10 percent stake in the project after initially investing 1.5 billion euros of its own equity in 2020
June 10, 2022
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LONDON — Global commodities trader Trafigura has completely written down its investment in Russia’s Vostok Oil project in Siberia, the biggest oil development in post-Soviet times, following Russia’s invasion of Ukraine.
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