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RYDBF - Lukoil Buys Reserves So I Buy More Lukoil Stock
Royal Dutch Shell Plc
Lukoil's latest acquisition of Shah Deniz assets makes a lot of sense, given the current regional natural gas supply/demand situation.
Lukoil is well-positioned financially to continue making acquisitions, even as its main Western rivals are set to sell in order to acquiesce to environmentalist concerns.
Concerns that companies like Lukoil would be stuck with reserves that will never be produced, because there will be no demand are unfounded.