Gunvor is withdrawing the offer to acquire Lukoil's assets, including Petrotel and the gas stations in Romania, following the US refusal to approve the transaction.

The company has decided to withdraw its offer to purchase Lukoil's assets, needing authorization from the American and Swiss authorities to avoid sanctions. In Romania, Lukoil refuses to sell the refinery and the network of gas stations separately, and the Romanian authorities have not received official notifications about the intention to sell. In Bulgaria, a recent law complicates the sale of the Neftochim refinery, and Lukoil's partners are analyzing the rights to the assets.

Gunvor, with historical ties to the Kremlin, has tried to distance itself from Russia, but speculation persists. The company is expanding its operations in the USA, seeking approvals for future transactions.