No. 1, 2006

CONTENTS:

• REAL-IMPACT ACCOMPLISHMENTS
  Prof. Valery Grayfer
  Chairman of the Board of Directors of JSC LUKOIL, General Director of JSC RITEK
  The review of the performance of JSC LUKOIL in 2005
• FACTS AND FIGURES
• A MATTER OF PARAMOUNT IMPORTANCE
  Oil of Russia magazine talks to Vagit Sharifov, Vice-President and Head of Control and Internal Audit Main Department of JSC LUKOIL
• RESPONDING TO THE SEA SUMMONS
  Alexander Semyanov
  Deputy Head of the Main Department for Geology and Development of JSC LUKOIL
  LUKOIL demonstrates the growing opportunities on the Russian shelf
• GETTING OFF TO A GOOD START
  Oil of Russia magazine talks to Andrey Podbolotov, regional director of LUKOIL Overseas Holding Ltd. for Uzbekistan
• KEEPING UP WITH WORLD STANDARDS
  Alexander Makarov,
  Maria Podolskaya
  LUKOIL-Nizhegorodnefteorgsintez measures up to the high demands of the fuel market
• REALIZING HIGH POTENTIAL
  Alexander Seleznyov
  LUKOIL's gasoline filling stations in the Lower-Volga region are distinct for their wide choice of high-quality petroleum products and high corporate standards
• MANAGING INDUSTRIAL RISKS
  Andrey Yelokhin
  Head of Asset Insurance Section of JSC LUKOIL, Yury Tskhoverbov, Chairman of the Board of Directors of JSC Capital-Insurance,
  Yury Tskhovrebov
  Chairman of the Board of Directors of JSC Capital-Insurance
  LUKOIL exemplifies effective insurance practices
• THE VIRGIN SOIL OF ANCIENT TRANSYLVANIA
  Oil of Russia magazine talks to Constantin Tampiza, General Director of LUKOIL-Downstream Romania
• AT A NEW LEVEL OF INTEGRATION
  Fikret Aliev
  Special Representative of the President of LUKOIL in Azerbaijan, Georgia, and Turkey
  Azerbaijan continues to play an important role in LUKOIL's strategy
• G8 SUMMIT TO BE HELD IN RUSSIA
  Alexander Matveichuk
  Ph.D. (History), Editor-in-Chief of Oil of Russia magazine
  The number-one item on the agenda of the G8 summit to be held in St. Petersburg is global energy security
• DIVERGENT FORECASTS
  Prof. Yury Plakitkin
  Dr. Sc. (Econ), Member of RF Academy of Mining Engineering
  An analysis of the Russian oil-producing industry's rates of growth and proportions of development
• RUSSIA'S HYDROCARBON ARTERIES
  Erimey Cherekchidi
  President of JSC VNIIST
  Pipeline transport safety is a priority of the Russian Economy
• THE OIL DENOMINATOR OF THE EAST
  Vladimir Akramovsky
  The energy dialogue between Russia and China acquires a new dimension
• AIMING FOR SUCCESS
  Oil of Russia magazine talks with Petter Nore, President of Hydro Oil & Energy, Russia
• BLUE STREAM OF ENERGY
  Nikolay Pankrashkin
  The Blue Stream underwater gas pipeline running from Russia to Turkey is a unique project and a guarantee of European security with respect to energy
• TASK FOR THE IMMEDIATE FUTURE
  Daria Vasilevskaya
  Cand.Sc. (Law), Deputy Director of the Mineral Development PSA Projects Center under the RF Ministry of Natural Resources
  The main objective of improving the Law "On Subsoil" is to create transparent and stable terms of Subsoil management and use
• TO MAINTAIN A SUBTLE BALANCE
  Prof. Yevgeny Panfilov
  Dr. Sc. (Techn.)
  Oil and gas companies must reckon with the important factors of geoecological safety of the subsoil and mineral development
• AT THE DAWN OF THE KEROSENE ERA
  Alexander Matveichuk
  PhD (History), Member of the Russian Academy of Natural Sciences
  In the 1860s and 1870s Russian and American kerosene was the object of a fierce tug-of-war on the Russian fuel market
• ANOTHER FACE OF KEROSENE
  Prof. Anatoly Troshin
  Cand. Sc. (Tech.),
  Alexander Asenin
  In the late 19th century, kerosene found (in addition to its application for lighting) wide use as a fuel for kitchen appliances
• LEARNING FROM AMERICAN EXPERIENCE
  Prof. Alexander Igolkin
  Dr.Sc. (History)
  In the 1930s, Russia's cracking industry was set up using the latest achievements of American technology
• MUSEUM TREASURES OF MOSCOW
  Alexander Yefimov
  In anticipation of their 200th anniversary, the Moscow Kremlin museums are preparing new unique historical exhibitions.
• THE CAPITAL OF THE VOLGA REGION
  Alexander Makarov,
  Alexander Polyakov
• TOP PRIORITY: CARING ABOUT PEOPLE
  Alexander Seleznev
  Social responsibility before the public is one of the LUKOIL group of companies' distinguishing features
• ON THE STARTING LINES AT THE WINTER OLYMPICS
  Aleksandr Seleznev
  LUKOIL contributes to the success of the Russian winter sports team at the XX Winter Olympics
• MAIN OIL AND GAS EVENTS IN RUSSIA