Press releases

11. 2001

21/11/2001 - LUKOIL BOARD OF DIRECTORS DISCUSSED PRELIMINARY RESULTS OF COMPANY’s BUSINESS ACTIVITY IN 2001 AND SCHEDULED TARGET PLANS FOR 2002

LUKOIL’s Board of Directors meeting was held today in Moscow. The questions discussed were the fulfilment of the economic plan, budget and the investment programme of the Company in 2001. Primary goals for 2002 were also determined.

16/11/2001 - LUKOIL LAUNCHES AN OIL TERMINAL IN KALININGRAD REGION

Today at Izhevskoye settlement (Kaliningrad Region) an oil terminal was put into operation. The terminal was ordered by ООО LUKOIL-Kaliningradmorneft. The State Commission has concluded that the object that was being built for 25 months meets all sanitary and epidemic, ecological, fire and construction standards and state regulations.

15/11/2001 - LUKOIL AND CHEVRON ORONITE SIGN LUBRICATING OIL ADDITIVES MASTER SUPPLY AGREEMENT

OAO LUKOIL and Chevron Oronite Co. LLC, have signed a Master Supply Agreement (MSA) covering the supply of Chevron Oronite lubricating oil additives to LUKOIL.

01/11/2001 - LUKOIL'S NET INCOME FOR THE 1ST HALF OF 2001 ACCORDING TO US GAAP INTERIM CONSOLIDATED FINANCIAL REPORT WAS $1421 MLN

OAO LUKOIL prepared consolidated financial statements for the first half of 2001 in accordance with US GAAP.

01/11/2001 - LUKOIL INTRODUCES NEW WEB SITE

LUKOIL has introduced its new web-site WWW.LUKOIL.RU in Moscow today.

10. 2001

31/10/2001 - LUKOIL IS OPTIMIZING ITS BUSINESS IN NIZHNI NOVGOROD

LUKOIL's President Vagit Alekperov met with the representative of the President of Russian Federation in Privolzhsky federal district Sergei Kirienko and local Governor Gennady Khodirev in Nizhni Novgorod today.V. Alekperov has also visited "NORSI" oil refinery, where he held the meeting with the management of "Norsi-oil" subsidiary.

30/10/2001 - LUKOIL AND SG-TRANS SIGN A COOPERATION AGREEMENT

LUKOIL's President Vagit Alekperov and State-owned SG-TRANS General Director Viacheslav Tiurin signed cooperation agreement in Moscow today.

23/10/2001 - LUKOIL IS EXPANDING ITS BUSINESS IN URALSKY FEDERAL DISTRICT

The meeting on problems of a fuel and energy complex of the Uralsky federal district and LUKOIL's activities in the region in particular was held today in Ekaterinburg.

19/10/2001 - LUKOIL NAMED WINNER OF THE NATIONAL BUSINESS PRIZE "COMPANY OF THE YEAR"

The jury of the national business contest "Company of the Year" arranged under the auspices of Russian Chamber of Commerce (RCC) with the help of "RosBusinessConsulting" information agency, bureau of public relations "Republic" and "Business Open" agency awarded OAO LUKOIL with a prize "Company of the year in fuel and energy business".

19/10/2001 - LUKOIL NAMED WINNER IN THE AUCTION FOR 85,36% OF OAO NORSI-OIL SHARES

The Russian Federal Property Fund named OAO LUKOIL a winner of two auctions - first for 40% and second for 45.36% of OAO NORSI-Oil shares.

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