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NK Lukoil OAO Signs Cooperation Agreement with Krasnodar Territory and Plans Construction of New Filling Stations in Krasnodar Region-Interfax


Sunday, 29 Sep 2013 11:54pm EDT 

Interfax reported that NK Lukoil OAO (Lukoil) plans to invest up to RUB 5 billion by 2018 in construction of new filling stations in Krasnodar Territory. LLC Lukoil-Yugnefteprodukt currently operates 128 filling stations in this southern Russian region. Lukoil President Mr. Vagit Alekperov and Krasnodar Territory Governor Mr. Alexander Tkachev signed a cooperation agreement at the seventh International Investment Forum in Sochi, the Company said. Under the agreement, Lukoil intends to develop wholesale and retail sales of oil production in the region. The Company will also assist in modernizing the region's fuel and energy sector, as well as provide charitable aid, take part in social programs and other measures supported by the regional administration. The regional government, in turn, will assist Lukoil in its investment and other business activities in the region. 

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19 Dec 2014