ASTANA, Oct 28 (Reuters) - Kazakhstan's authorities are determining how to deal with Russian oil producer Lukoil's (LKOH.MM) , opens new tab stakes in projects and could make a decision soon, the chairman of sovereign wealth fund Samruk Kazyna said on Tuesday.

Lukoil said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States.

Sign up here.

"The sanctions are being studied and their impact on companies and the economy remains to be fully assessed," the fund's chairman, Aidar Ryskulov, told reporters in Astana.

"I think we will take (a decision) in the near future, by the end of this week," he added.

Lukoil's planned sale of assets is the most consequential action so far by a Russian company in the wake of Western sanctions over Russia's war in Ukraine, which started in February 2022.

The Russian oil major is a stakeholder in Kazakhstan's Tengiz and Karachaganak fields, as well as in the Caspian Pipeline Consortium, which carries Kazakh oil to Russia's port of Novorossiisk for export.

https://www.reuters.com/business/energy/kazakhstan-weighing-how-deal-with-lukoils-stakes-local-projects-2025-10-28/