Ann: Lukoil Non-Binding Indicative Proposal, page-191

OG earlier -
"Imo, better for WPL to T/O FAR at bargain price and then do a 33% sell-down at likely to be a much higher market price ... if Lukoil put in the best bid, then WPL write in the contract an agreement that Lukoil stay put at the 33%"
After my assumed WPL T/O of FAR is finalised, imo, WPL could nearly immediately put up 33% for sale, and, imo, probably get a good offer from Lukoil which will be much higher than what WPL will end up paying, imo, for FAR on an equivalent cent per share basis.
Further to my comment about writing 33% limit into the contract, if it can't be written in the contract, the government could apply that condition for their approval of any sale to Lukoil.
Bottom line, imo, from the above, WPL won't get stuck forever on 49% if they don't want to be.