Press Release

LUKOIL TO FINANCE CONSTRUCTION OF SCIENTIFIC AND EDUCATIONAL FACILITIES IN KOGALYM

Wednesday, December 11, 2019

President of LUKOIL Vagit Alekperov, Mayor of Kogalym (Khanty-Mansi Autonomous District - Yugra) Nikolay Palchikov and Rector of the Perm National Research Polytechnic University (PNRPU) Anatoly Tashkinov have signed a tripartite Cooperation Agreement today in Moscow.

The document provides for the cooperation of the parties in supporting science and education in Kogalym for that purpose a branch of PNRPU will be established in the town. This will facilitate the development of a modern science and education environment, including training of engineering staff for oil and gas industry in line with advanced international standards. The university plans to invite both Russian and foreign professors to teach at the branch.

In the lead-up to opening of the university branch, starting from 2020 entities of the LUKOIL Group jointly with PNRPU will intensify the career guidance work among high school students in the regions of LUKOIL's operations, including additional classes, academic competitions and contests.

LUKOIL will also finance the construction of educational facilities that will be completed in 2023.

Information

The Company has been consistently developing the social and cultural infrastructure of Kogalym. Owed to LUKOIL’s support, the town now boasts the Galaktika sports and leisure center featuring Europe’s largest oceanarium, a unique greenhouse and an indoor water park, as well as the first branch of the Maly Theatre ever opened outside Moscow and the Saint Tatiana Church. The construction of a training center for winter Olympic sports is in progress.