Press Releases

OOO LUKOIL-Volgogradneftepeprerabotka acquired 31.3% of the charter capital of OAO YuGK TGK-8 (TGK-8) as a result of mandatory offer. Thus, LUKOIL Group interest in the charter capital of TGK-8 has reached 95.4%.

Today the terminal ‘LUKOIL-II’ located in Vysotsk (Leningrad Region) hosted anti-terror maneuvers called ‘Technology-2008’.

Vagit Alekperov, OAO LUKOIL President, was named among the most efficient leaders of the Russian business community for outstanding achievements and a significant contribution to the Russian economy.

OAO LUKOIL Management Committee approved OAO LUKOIL-Inter-Card development program for 2008-2017. It is a 100%-owned subsidiary of the Company, which acts as an operator for development and maintenance of the settlements system at LUKOIL filling stations by applying plastic cards (LICARD).

OAO LUKOIL Press Service announces that Vagit Yu. Alekperov, President of OAO LUKOIL, acquired 100,000 ordinary shares of OAO LUKOIL on September 15, 2008 and 100,000 ordinary shares of OAO LUKOIL on September 16, 2008. The transactions are worth of RUR 162,373,742 and RUR 142,733,814 respectively.

Today in Sochi Mr. Vagit Alekperov, OAO LUKOIL President, and Alexander Tkachov, Governor of Krasnodar Region, signed a Cooperation Agreement between the Company and the Region.

Vagit Alekperov, President of OAO LUKOIL, and Georgy Kiradiev, Chairman of the Council for International Association of Trade Union Organizations of OAO LUKOIL (IATUO), signed an Agreement between the Employer and the Trade Union Association for 2009-2011 in Moscow today.

OAO LUKOIL Press Service announces that persons discharging managerial responsibilities in the Company acquired ordinary shares of OAO LUKOIL through a related party on September 11, 2008.

LUKOIL commissioned a twenty-four hour automated cash management system to ensure cash management between the accounts of the Group’s overseas trading subsidiaries and the Company’s overseas treasury and finance center.