No. 1, 2010
FACTS AND FIGURES
October 27, 2009: In Moscow, Anatoly Moskalenko, Head of LUKOIL HR Department and Vice-President of the Norwegian company Falck Nutec Hans Jensen signed a cooperation agreement to set up a Corporate Training Center for training personnel to work on offshore oil and gas facilities.
October 30, 2009: LUKOIL EURASIA PETROL A.S. made the last tranche in payment for shares in the Turkish company Akpet. The payment was made out of the Company's own funds.
November 5, 2009: The international rating agency Fitch Ratings awarded a final rating of BBB- to the bond issue by LUKOIL International Finance B.V. in the amount of $1.5 billion, including bonds to the sum of $900 million at a rate of 6.375%, maturing in 2014, and bonds in the amount of $600 million at a rate of 7.25%, maturing in 2019.
November 6, 2009: LUKOIL Neftochim Burgas AD (Bulgaria) started up a new sulfuric acid alkylation unit with an annual capacity of 300,000 tons of feedstock.
November 6, 2009: LUKOIL-Western Siberia completed the buy-up of shares in RITEK. LUKOIL Group organizations now own 100% of the shares in the company.
November 9, 2009: LUKOIL completed issue of the second tranche of bonds to a total amount of $1.5 billion under Rule 144À/Reg. S, including bonds in the amount of $900 million at a rate of 6.375%, maturing in 2014, and bonds in the amount of $600 million at a rate of 7.250%, maturing in 2019.
November 18, 2009: In Voronezh, Governor of the Voronezh Region Alexey Gordeyev and LUKOIL President Vagit Alekperov signed an agreement on cooperation between the Company and the Government of the Region. In accordance with the document, LUKOIL will supply companies, institutions and the population of the Region with petroleum, gas and petrochemical products.
November 19, 2009: In Moscow, a meeting of the LUKOIL Board of Directors was held to approve the Company's Strategic Development Program for 2010-2019.
November 20, 2009: LUKOIL took the 8th place among oil and gas companies of Europe, the Middle East and Africa and the 12th place in the world in the American energy agency Platts' ranking "Top 250 Global Energy Companies in 2009".
November 23, 2009: In Moscow, Russia's trade union of oil and gas construction workers recognized the collective bargaining agreement of LUKOIL-Western Siberia with the Company's territorial trade union organization as the best in the industry.
November 26, 2009: The LUKOIL-Bulgaria Bunker Company launched bunkering operations at the port of Vidin (Bulgaria). Bunkering is currently performed by gas oil from the Neftyanik-1 tanker.
December 3, 2009: In Astana, President of the Republic of Kazakhstan Nursultan Nazarbayev paid a visit to the new offices of the Caspian Directorate of LUKOIL Overseas. During the visit, the LUKOIL projects in Kazakhstan were presented by LUKOIL President Vagit Alekperov and President of LUKOIL Overseas Andrey Kuzyaev. President Nazarbayev positively appraised the Company's work in Kazakhstan and expressed his wish that its activities be expanded.
December 5, 2009: In Moscow, Russia's President Dmitry Medvedev awarded First Executive Vice-President of LUKOIL Ravil Maganov the order "For merits before Fatherland" of 4th Degree, in recognition of his substantial contribution to the progress of the fuel and energy complex of Russia.
December 11, 2009: LUKOIL bought out a 46% stake in the LUKARCO B.V. joint venture from British Petroleum, thus, becoming the owner of a 100 per cent stake in LUKARCO B.V. As a result of the transaction LUKOIL proved reserves increased by 102.0 million barrels of oil and 129.8 billion ft3 of gas, the oil production increment amounted to more than 13,000 barrels a day. The Company also increased to 12.5% its share in the Caspian Pipeline Consortium.
December 12, 2009: In Baghdad (Iraq), Minister of Oil of the Republic of Iraq Hussein al-Shahristani announced that a consortium consisting of LUKOIL and Norway's Statoil won the tender to develop the major Western Qurna-2 oil field.
December 14, 2009: In Moscow, a meeting of the LUKOIL Board of Directors was held to approve basic performance indicators for the LUKOIL Group Mid-term Plan for 2010-2012 containing both a base case scenario of the plan, elaborated in accordance with the Company's Strategic Development Program for 2010-2019, and a more conservative development scenario.
December 15, 2009: In Khanty-Mansiysk, Governor of the Khanty-Mansi Autonomous Area (Yugra) Alexander Filipenko and LUKOIL President Vagit Alekperov signed a Supplement Cooperation Agreement between the Company and the Autonomous Area.
December 15, 2009: LUKOIL closed the book on an offering of the stock exchange bonds of the BO-06 and BO-07 series with a total volume of 10 billion rubles.
December 15, 2009: In Salekhard, Governor of the Yamalo-Nenets Autonomous Area Yury Neyolov and LUKOIL President Vagit Alekperov signed a Supplement Cooperation Agreement between the Company and the Autonomous Area.
December 16, 2009: Deputy Chairman of the Government of Russia Igor Sechin and President of LUKOIL Vagit Alekperov visited the fixed offshore ice-resistant platform at Yury Korchagin field, located in the Russian sector of the Caspian Sea. January 13, 2010: In Moscow, a meeting of the LUKOIL Board of Directors was held to summarize preliminary results of the Company's operation in 2009 and set objectives for 2010 and the near future.
January 14, 2010: LUKOIL has established a new research center which is named LUKOIL-Engineering. This center's goal will be to arrange a uniform management procedure for the research and engineering complex of the Exploration and Production Business Segment. Prof. Nikolay Karnaukhov has been appointed General Director of LUKOIL-Engineering.
January 31, 2010: In Baghdad (Iraq), LUKOIL President Vagit Alekperov signed a development and production agreement at the Iraqi West Qurna-2 field. The document was ratified by the Iraqi Cabinet of Ministers. The agreement will last 20 years with the possibility of a five-year extension.
