RusEnergy

RBC, 23.04.2007, Moscow 17:15:04. Russian giant LUKoil and India's Mittal Investments have completed a $980m deal on the sale of a 50-percent stake in LUKoil Overseas-controlled Caspian Investment, LUKoil said in a statement today. The two companies have also set up a joint venture on the basis of Caspian Investment with equal shares. The Indian company has also committed to take on one half of Caspian Investment's debt worth some $175m.