The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL. The parties addressed implementation of the Agreement on Strategic Partnership signed on March 29, 2005 and, in particular, gas supplies from LUKOIL fields in the Bolshekhetskaya Depression and the Northern Caspian Sea. The [...]
September 14, 2012 | Posted in
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Today, within the framework of the XVI St Petersburg International Economic Forum, Fulvio Conti, CEO and General Manager of Enel and Vagit Alekperov, CEO and Chairman of the Management Committee of OJSC LUKoil, signed a Memorandum of Understanding on mutual cooperation in the gas industry. Through today’s memorandum, Enel and LUKoil intend to further strengthen [...]
June 21, 2012 | Posted in
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The OAO LUKOIL Board of Directors held a meeting in Moscow today to discuss gas production projects and the Company’s policy to increase shareholder value. The draft 2012-2021 Development Program for the Exploration&Production Business Segment provides for an increased share of gas production in the total volume of hydrocarbon production from 20% in 2011 to [...]
![Lukoil and EBRD Announce Completion of Financing for Shah Deniz Gas Field Stage-1 (Azerbaijan)]()
Russia’s Lukoil and the EBRD today announced that the financing for Shah Deniz, the largest offshore gas field development in the Caspian Sea, had achieved full completion. Shah Deniz is now the largest new gas field in the region, serving both the Azeri and Georgian domestic gas markets, as well as exporting large quantities [...]
![Russia: Rosneft, Lukoil Sign Cooperation Deal]()
Rosneft President Eduard Khudainatov and Lukoil President Vagit Alekperov Thursday signed an agreement for long-term cooperation between their companies. Igor Sechin, Russia’s Deputy Prime Minister was present during the signing ceremony. Given the successful development of their mutual cooperation, and with the goal of raising the profitibility of existing projects, Rosneft and Lukoil have [...]
![Russia: Gazprom and LUKOIL Sign Agreement on Gas Supply]()
Yesterday at the Gazprom headquarters Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL signed an Agreement on Gas Supply from the Bolshekhetskaya Depression and the Northern Caspian Sea. Pursuant to the Agreement, LUKOIL will supply Gazprom with natural gas from the Bolshekhetskaya Depression fields between 2012 and 2016. [...]
