As a part of the state visit of Vladimir Putin to UAE, Accession to the Ghasha Concession Agreement with a 5% share was signed by President of PJSC LUKOIL and Group CEO of the Abu Dhabi National Oil Company (ADNOC). In
addition LUKOIL and ADNOC signed a
tripartite framework Agreement on future cooperation with the
Russian Direct Investment Fund (RDIF, sovereign fund of the Russian Federation).