Today, as part of the St. Petersburg International Economic Forum 2014, Vagit Alekperov, OAO LUKOIL President, and Christophe de Margerie, CEO and Chairman of Total Group’s Board of Directors, agreed on general conditions of participation in a joint project focused on the exploration and development of hard-to-recover hydrocarbon reserves in the Khanty-Mansi Autonomous Okrug-Yugra in the Russian Federation.