Press Releases

Vagit Alekperov, OAO LUKOIL President, Mikhail Babich, Presidential Plenipotentiary Envoy to the Volga Federal District, and Viktor Basargin, Governor of Perm Territory, took part in the ceremonial commissioning of the second production line of a unit, NTKR-2, for low-temperature condensation and fractionation of associated petroleum gas, at OAO LUKOIL-Permnefteorgsintez, a wholly-owned OAO LUKOIL subsidiary.

Today in the Kremlin Vladimir Putin, the President of the Russian Federation, has conferred a decoration, For Beneficence, on Nelly Alekperova, President of the LUKOIL Charity Fund, for her substantial contribution to charitable and public activities.

OAO LUKOIL President Vagit Alekperov and Bulgaria’s Prime Minister Boyko Borissov attended the ceremonial opening, in Burgas today, of a complex to process heavy residues on the territory of the LUKOIL Neftochim Burgas Refinery. The new facility consists of the main unit to hydrocrack sludge, with an annual capacity of 2.5 million tons, and of a number of auxiliary units.

Vagit Alekperov, OAO LUKOIL President, had a meeting with Rosen Plevneliev, President of the Republic of Bulgaria, and Boyko Borissov, Bulgaria’s Prime- minister, in Sofia today. The parties discussed the company’s operations in Bulgaria and prospects for future cooperation.

ООО LLK-International (a fully-owned OAO LUKOIL subsidiary) and the Russian Automotive Partnership (RAP) have concluded a partnership agreement. As part of it, LUKOIL will supply its lubricants for servicing at RAP stations of technical inspection. At the same time, RAP specialists and their business partners, including the insurance company ROSGOSSTRAKH, will recommend LUKOIL lubes for use by motorists.

LUKOIL has begun production tests of two Gas Treatment Plants (GTPs) at the Northern Shady Site and the Kuvachi-Alat Field in Uzbekistan's Bukhara Region as part of the Kandym Early Gas Project, which is being implemented together with National Holding Company Uzbekneftegaz.