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Lukoil and Adygea Government sign cooperation agreement

The agreement oversees the reconstruction of a number of sites, upgrading a tank farm and several joint projects.

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President of Lukoil Vagit Alekperov and the Head of the Republic of Adygea, Murat Kumpilov, signed a five-year Cooperation Agreement between the company and the region, in Moscow.

One of the Republic's major suppliers of quality petroleum products and an employer for 25 years, the company occupies a share of 31% of Adygea's retail market.

It operates twenty-one gas stations, including four retail stations offering a wider range of fuels, including LPG, and two oil tank farms with a total capacity of 27,600 cubic meters. ​

The new agreement envisages a reconstruction of the existing gas stations, an upgrade of the tank farm facilities and the development of joint projects to promote employment and to improve the public infrastructure.

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