LUKOIL is one of the largest oil & gas vertical integrated companies in the world accounting for over 2% of crude production and circa 1% of proved hydrocarbon reserves globally.
LUKOIL commissioned PENEX isomerisation unit with annual feed rate of 800 thousand tonnes at the Nizhny Novgorod refinery. The unit will allow to apply low temperature isomerisation to light naphtha in order to produce high-octane blending fuel. The Company also completed the construction of a Petroleum Residue Recycling Facility - another
major investment project at the refinery.
The VII LUKOIL Spartakiad (a sports and athletic contest) took place today in the city of Nizhny Novgorod. The final competitions involved about 400 sportsmen from 22 to 66 years old. 189 medals in nine disciplines were awarded personally by the President of LUKOIL Vagit Alekperov.
Head of LUKOIL inspected construction site of a new sports centre that is currently being built under the Cooperation Agreement between LUKOIL and Yugra government. The new facility will be able to accommodate two thousand persons a day and is set for opening this autumn under the auspices of LUKOIL's 30th anniversary celebrations.
Alekperov arrived today in the city of Langepas (Yugra region, Russia) - one of the founding cities where LUKOIL’s history
began. He inspected the facilities that had been constructed
and reconstructed with the Company’s support.
LUKOIL and Yugra region signed an additional social and economic cooperation agreement, which provides for continuing construction of a branch of Perm National Research Polytechnic University, construction of a sports complex and a number of other infrastructure projects.
Announcement of new appointments made under the LUKOIL Group management personnel rotation
Vagit Alekperov and Head of the Republic of Komi discussed main areas of social and economic cooperation, as well as environmental issues. They also
opening ceremony of a sports and health centre in Yarega and residential buildings, built under the cooperation
agreement between LUKOIL and regional government.
LUKOIL will join the exploration and production project on the Al-Farabi block in the Kazakhstan Sector of the Caspian Sea with 49,99% stake. Sale and Purchase agreemnet was suigned today at
the St. Petersburg International Economic Forum.
President of LUKOIL Vagit Alekperov and Governor of the Tula region Alexei Dyumin met today at the St. Petersburg International Economic Forum to sign a Cooperation Agreement. The Company will supply advanced petroleum asphalts, polymer-bitumen binders, bitumen emulsions, as well as other bitumen-based materials for road construction in the region.