LukOil Americas Logo
LukOil Americas Slogan
PRESS-RELEASE
18.08.2014
LUKOIL COMPLETES DIVIDEND PAYMENT BASED ON 2013 FINANCIAL PERFORMANCE

By virtue of the decision made at the Annual General Meeting of OAO  LUKOIL of June 26, 2014, the company has fulfilled its dividend-payment  obligations based on the 2013 financial performance.

In view of the new dividend payment procedure applicable in the  Russian Federation from January 01, 2014, the funds were transferred to the  nominee shareholders, custodians, who are professional  participants of the security market, and other persons registered in LUKOIL’s  shareholder register as of July 15, 2014, which is the list-compilation date  for the persons entitled to  receive dividends according to the RF legislation.

Further information on dividend payment is posted on the company’s  web-site at www.lukoil.com.

PRESS-RELEASE
11.08.2014 
PRESS SERVICE STATEMENT  

The OAO LUKOIL Press Service would like to inform all interested  parties about attempts at fraud on the international petroleum-product  market.

The company has knowledge that there are persons sending out  commercial offers regarding the export of oil and petroleum products on behalf  of OOO Saratovorgsintez (a wholly-owned LUKOIL subsidiary). They call it OOO SARATOVORGSINTEZ REFINERY. The correct legal and actual addresses  of OOO Saratovorgsintez are indicated, as well as its record  details.

The OAO LUKOIL Press Service strongly recommends that the suppliers  who claim to be acting on behalf of OAO LUKOIL or its subsidiaries be carefully  examined. We also point out that OOO Saratovorgsintez is engaged in the manufacture of  petroleum products rather than in the supplies of oil and petroleum products to  the domestic and foreign markets.

Saratovorgsintez does  not have either a branch or a  representative office in Moscow; nor does it have anything to do with the  Internet portal  www.saratovorgsintez.ru. The subsidiary’s official website is www.saratov.lukoil.com

OAO LUKOIL shall bear no  responsibility for any  undesirable consequences that may result from commercial relations with  such “partners”.
PRESS-RELEASE
04.08.2014 
LUKOIL CONTINUES OPTIMIZATION OF ASSET STRUCTURE IN CENTRAL EUROPE

OAO LUKOIL has signed contracts with MOL Plc. and Norm Benzinkút Kft on the sale of assets in the Czech Republic, Slovakia and Hungary.

Slovnaft ?eská Republica, Spol. S.R.O. (a subsidiary of MOL Plc.) will buy from LUKOIL a network of 44 gas-filling stations located in the Czech Republic’s territory.

Norm Benzinkút Kft will purchase LUKOIL’s filling-station networks in Hungary (75 stations) and the Slovak Republic (19 stations).

Both deals are expected to be closed before the end of 2014.

The decision to sell the assets was taken as part of the effort to optimize LUKOIL’s business in petroleum-product marketing.

PRESS-RELEASE
11.08.2014
LUKOIL TAKES PART IN ACTIVITIES HELD BY ARCTIC COUNCIL

OAO LUKOIL participated in the Arktika-2014 maneuvers held in the Pechora Sea as part of an international meeting attended by member countries and observers of the Arctic Council and by foreign scientists.

The maneuvers, focused on issues dedicated to the search and rescue of crew members and oil-spill response in case of offshore accidents at the Prirazlomnaya offshore ice-resistant platform, were also attended by employees of OAO Gazprom, subdivisions of the Defense Ministry, Russia’s EMERCOM and Federal Security Service.

In addition, a group of participants visited the Varendey oil-export terminal and a number of other LU?OIL facilities in the Nenets Autonomous Okrug. The group included Nikolay Patrushev, Secretary of the RF Security Council, heads of Russia’s regions, federal ministries and administrations, representatives of the member countries and observers of the Arctic Council and also scientists from Denmark, Iceland, Canada, Norway, Finland, Sweden, Singapore, the Republic of Korea and the People’s Republic of China.

“LUKOIL’s activities in the area of environmental protection, oil production and transportation in the Arctic region are a vivid example of responsible attitude towards the development of the Northern resources,” Nikolai Patrushev, Secretary of the RF Security Council, noted, commending LUKOIL’s contribution to the events held.

“Responsibility for the human lives and natural resources entrusted to us, our commitment to highest environmental standards are some of our more important corporate values. The Arktika-2014 maneuvers have yet again demonstrated that LUKOIL is ready to confirm in practice its adherence to the declared values”, Ravil Maganov, First Executive Vice President of OAO LUKOIL, commented.

PRESS-RELEASE
31.07.2014 
LUKOIL OPTIMIZES STRUCTURE OF ASSETS IN EASTERN EUROPE AND UKRAINE

LUKOIL and Austria’s AMIC Energy Management GmbH (AMIC) have reached an agreement in principle to sell 100% of LUKOIL-Ukraine CFI which owns around 240 filling stations and 6 petroleum tank farms in Ukraine. Negotiations were initiated by the Austrian party who expressed their interest in acquiring the assets.

Currently, the parties are interacting as part of the due diligence of assets and are preparing to sign a sale-and-purchase contract.

“The sale of the filling-station network and petroleum tank farms in Ukraine to AMIC will help LUKOIL optimize its asset structure and distribution-network management system in Eastern Europe, to which we attach great importance seeking to enhance the efficiency of our business in terms of petroleum-product sales," Vadim Vorobyov, LUKOIL Vice-president, said.

“Given that LUKOIL-Ukraine is one of the top five leaders of the Ukrainian fuel market in terms of the number of filling stations and the volume of retail petroleum-product sales, its purchase is a strategically important step to improve AMIC’s investment portfolio in Central and Eastern Europe. I would like to express my sincere gratitude to our partners for their willingness to positively consider our offer to purchase the retail network," Dr. Günter Maier, Managing Director of AMIC Energy Management GmbH, commented.