Press releases

ООО LUKOIL-Nizhnevolzhsknefteprodukt (OAO LUKOIL wholly owned subsidiary) has acquired ZAO Rostovneft distribution network.

Following the recent research by Troika Dialog (the version in Russian), claiming that LUKOIL net income for 9 months of 2007 “is 7.8 times less than that in the official financial statements” is a factual inaccuracy and, thus, accuses the Group’s top management of falsifying the accounts.

ООО LUKOIL-Severo-Zapadnefteprodukt (OAO LUKOIL’s 100% owned subsidiary) and Toyota Motor Manufacturing Russia have signed a motor fuel supply agreement.

A 1837 portrait of General Vasily Perovsky by the famous Russian painter Karl Brullov is returning today to the State Tretyakov Gallery after the restoration works have been completed with OAO LUKOIL support. General Perovsky participated in the Patriotic War of 1812 and distinguished himself in the battles of Smolensk, Dorogobuzh and Borodino.

LUKOIL has become winner of the annual contest “Russia’s Corporate Donor - 2007” in the nomination “The Best Program to Ensure Most Efficient Trilateral Cooperation Between Businessmen, Non-Profit Organizations and Local Authorities”.

OAO LUKOIL Press Service would like to make the following statement: information released by some mass media with reference to a Company representative alleging that LUKOIL signed a provisional agreement with the Republic of Turkmenistan on development of three offshore blocks in the Caspian is not true.

ОАО "ЛУКОЙЛ" публикует консолидированную финансовую отчетность за 3 кв. и 9 мес. 2007 года, подготовленную в соответствии с общепринятыми принципами бухгалтерского учета США (US GAAP).

Чистая прибыль Компании в 3 кв. 2007 года составила 2 482 млн долл., показатель EBITDA - 10 370 млн долл., выручка от реализации составила 57 096 млн долл.

Vagit Alekperov, President of OAO LUKOIL, and Elena Gagarina, General Director of the Moscow Kremlin Museums, opened an exhibition in Volgograd today. Titled “The Moscow Kremlin in Volgograd. Treasures of the Russian History”, it is part of yet another joint educational project initiated by the Company and the Moscow Kremlin Museums.

Vagit Alekperov, President of OAO LUKOIL, and Nikolai Maksyuta, Head of Volgograd region, participated in the ceremony held in Volgograd today to mark the commissioning of an isomerization unit at OOO LUKOIL-Volgogradneftepererabotka.