Vagit Alekperov, OAO LUKOIL President, and Sergey Kirienko, General
Director of the State Nuclear Energy Corporation ROSATOM, signed a strategic
partnership agreement between the Company and the Corporation, in
Under the terms of the
document, Rosatom will engage LUKOIL Group organizations in biddings for
the supply of petroleum products, namely, gasoline, diesel, jet fuel, liquefied
hydrocarbon gases, fuel oil, oil bitumen and various-application oils for
For its part, LUKOIL will engage the Rosatom organizations in competitive
participation in equipment purchases for petrochemical production, generation of
thermal and electrical power, and also for pipeline transport.
The Agreement will be valid for three years.
‘The oil and gas industry is traditionally considered the motive
power of engineering. This Agreement will serve as a catalyst of cooperation
between our Company and the atomic industry plants, whose
equipment and technologies have always been marked by exceptional quality and
high reliability’, Mr. Alekperov said.
“Rosatom ’s factories turn out high-precision science-intensive
products which are already used in the petrochemical industry. I am sure that
the agreement with LUKOIL Group will prompt us new forms of mutually beneficial
cooperation”, Mr. Kirienko commented.