LUKOIL WILL MANUFACTURE ONLY EURO 5 COMPLIANT GASOLINES

Monday, June 18, 2012

All LUKOIL Russian refineries will switch over to the manufacture of Euro 5 compliant AI-92 and AI-95 automobile gasoline beginning July 1, 2012. The manufacture of Euro 4 compliant gasoline will end the same day.

The first batch of Euro 5 compliant AI-98 gasoline was manufactured by the LUKOIL-Nizhegorodnefteorgsintez refinery in May of 2011.

Thus, LUKOIL is well ahead of the requirements by the state technical regulations in terms of its manufacture commencement deadline for Euro 5 compliant engine fuels.

This became possible due to the rapid implementation of a large-scale refinery upgrade program by LUKOIL.

Euro 5 compliant gasoline will be offered for retail sale at LUKOIL filling stations and to wholesale customers as the residual stock of Euro 4 compliant gasoline gets depleted with time.