Lukoil to Receive 50% in New Caspian Block

Russian oil company Lukoil is set to take a 50% stake under an agreement to develop a block on the Caspian sea, Interfax news agency quoted Kazakh state energy company Kazmunaigaz as saying on Friday.

(Reporting by Anrdey Kuzmin Writing by Katya Golubkova; Editing by Susan Fenton)