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PRESS-RELEASE
11.08.2015 
LUKOIL AWARDED BLOCK IN EASTERN SIBERIA

PJSC LUKOIL has been awarded the rights to develop the Vostochno-Taimyrsky block, which is located in the Taimyr Dolgano-Nenets district of the Krasnoyarsk region. OOO LUKOIL-West Siberia, a fully-owned subsidiary of PJSC LUKOIL, will operate the block.

The area of the Vostochno-Taimyrsky block is 13,800 square kilometers. The concession period is 27years.

The new concession opens up new opportunities for PJSC LUKOIL in Eastern Siberia.

PRESS-RELEASE
07.08.2015 
LUKOIL OBTAINS LONG-TERM FINANCING FOR SECOND STAGE OF SHAH DENIZ PROJECT IN AZERBAIJAN

Under the second stage of the Production Sharing Agreement of the Shah Deniz Project in Azerbaijan, LUKOIL Overseas Shah Deniz Ltd. (a fully-owned PJSC LUKOIL subsidiary) has signed in Baku a 12 year credit-facility agreement with a consortium of banks to borrow USD 1 billion.

Of that amount, USD 560 million will be provided for 12 years jointly by the European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB) and the Black Sea Trade and Development Bank (BSTDB). The remaining amount, USD 440 million, will be provided for a period of 10 years by a commercial banking syndicate comprising of the ING Bank N.V., the Bank of China, UniCredit AG and Societe Generale via B Loan programs of the EBRD and ADB.

Stage 2 of Shah Deniz started in December 2013. The total amount of investments provided by the operating consortium (BP, 28.83%; TPAO, 19%; Petronas, 15.5%; SOCAR, 10%; LUKOIL, 10%; NICO, 10%; and SGC, 6.67%) will be approximately USD 28 billion, excluding the construction of the export pipeline systems. The annual total Shah Deniz Stage 1 and Stage 2 production will peak at 25 billion cubic meters of natural gas.

PRESS-RELEASE
22.07.2015
LUKOIL HONORS ITS BEST EMPLOYEES AND ORGANIZATIONS

A festive ceremony was held in Moscow today to decorate winners of the annual  contest “LUKOIL Group’s Best Employees and Organizations”.

The following organizations were unveiled the winners in six areas of  business:

   -     OOO  LUKOIL-PERM: in oil and gas production;

   -     OOOLUKOIL-Ukhtaneftepererabotka:   in oil refining, gas processing and petrochemicals;

   -     OOOLUKOIL-Uralnefteprodukt: in petroleum-product supplies in  Russia;

   -     S.C.LUKOIL Romania  S.R.L.:   in petroleum-product supplies abroad;

   -     OOO LUKOIL-Ekoenergo: in power engineering;

   -     RPK –  Vysotsk LUKOIL-II: in miscellaneous.

When announcing the competition results, the 2014 production and  economic performance of LUKOIL Group organizations, their compliance with the  HSE requirements, their performance in the area of social support for workers,  the way they fulfilled their obligations under the collective agreement and the  measures they took to help promote and maintain corporate culture were allowed  for.

67 employees of LUKOIL Group’s organizations, also representing  various business areas and geographic regions of the company’s operations, rose  to the head of the group.

PRESS-RELEASE
23.07.2015
LUKOIL BOARD OF DIRECTORS APPROVES MEMBERS OF COMPANY MANAGEMENT COMMITTEE

The Board of Directors of PJSC LUKOIL held a meeting in  Moscow today.  The following size and personal composition of the Management Committee were  approved:

1.

Vagit Alekperov

President

2.

Vadim Vorobyov

Vice-President, Petroleum Product Sales Coordination

3.

Sergei Kukura

First Vice-President

4.

Ravil Maganov

First Executive Vice-President

5.

Sergei Malyukov

Vice-President, Control and Internal Audit

6.

Ivan Maslyaev

Vice-President, General Counsel

7.

Alexander Matytsyn

Senior Vice-President, Finance

8.

Anatoly Moskalenko

Vice-President, Human Resources Management and Corporate Structure Development

9.

Vladimir Nekrasov

First Vice-President

10.

Denis Rogachev

Vice-President, Purchasing

11.

Valery Subbotin

Vice-President, Sales and Supplies

12.

Gennady Fedotov

Vice-President, Economics and Planning

13.

Evgueni Khavkin

Vice-President, LUKOIL Chief of Staff

14.

Lyubov Khoba

Vice-President, Chief Accountant

15.

Azat Shamsuarov

Senior Vice-President, Oil and Gas Production

The candidates for the Management Committee had been put forward by  the President of PJSC LUKOIL and recommended for approval by the HR and  Compensation Committee of the Board of Directors of PJSC  LUKOIL.

PRESS-RELEASE
15.07.2015
PRESS SERVICE STATEMENT

The Press Service would like to announce the change of the Company official name to Public Joint Stock CompanyOi lcompany LUKOIL” (or PJSCLUKOIL”).

The name was changed in order to bring it into compliance with the norms of Chapter 4 of the Russian Federation Civil Code. The amendments and addenda to the Charter of the Open Joint Stock Company “Oil company “LUKOIL”, approved by  the Annual General Shareholders Meeting on 25 June 2015 and requiring, among  other things, that the Company firm name be changed, obtained registration on 6  July 2015.