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Country: Russia | Posted / Last update: 09-09-2009

Lukoil

OAO LUKOIL is the leader of Russia's fuel and energy complex.

LUKOIL is the first Russian integrated oil company operating according to the principle "from oil well to filling station". LUKOIL was set up in 1991 in the form of a concern, based on the three biggest oil- and gas-producing enterprises in Western Siberia - Langepasneftegaz, Uraineftegaz and Kogalymneftegaz, which were combined to form the name LUKOIL. Subsequently, LUKOIL absorbed other oil-producing, oil-refining, sales, petrochemical, transport and other oil business enterprises.

LUKOIL TODAY:

  • Operations in 40 regions of Russia and in 25 countries

  • One of the biggest proven reserves of oil in the world owned by a private oil company

  • Over 136,000 employees working in Russia and abroad

  • 24% of all the oil produced in Russia

  • 12% of all the oil products produced in Russia

  • more than 2,640 filling stations on the territory of Russia, the republics of the former USSR and other countries
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