LUKOIL is one of the largest oil & gas vertical integrated companies in the world accounting for over 2% of crude production and circa 1% of proved hydrocarbon reserves globally.
PJSC "LUKOIL" released its condensed interim consolidated financial statements for the three-month period ended March 31, 2020 prepared in accordance with International Financial Reporting Standards.
LUKOIL's Lubricants Plant in Kazakhstan shipped the first batch of industrial and motor oils for passenger and commercial vehicles to China. Favorable location of the plant near the Western Europe – Western China highway allows prompt deliveries of LUKOIL oils to China and Central Asian countries.
LUKOIL and the Nenets Autonomous District have concluded a supplemental cooperation agreement for 2020.
Since the outbreak of the coronavirus pandemiс LUKOIL has donated more than 652 million rubles in 22 Russian regions and almost 900 thousand dollars in its operation countries abroad to treat patients and fight the spread of the disease.
LUKOIL completed installation of a jacket for an accommodation platform topside at the V.I. Grayfer field in the Caspian Sea. The offshore operations involved 110 workers and nine vessels.
In the first quarter of 2020 LUKOIL Group's average daily hydrocarbon production excluding the West Qurna-2 project totaled 2,328 thousand boe per day, which is 2.1% lower year-on-year and 2.5% lower quarter-on-quarter.
LUKOIL was announced winner in three categories of the IN2 SABRE Awards global communications contest.
LUKOIL's central office staff is gradually comming back to working space after the period of remote mode. Before returning to the office, every employee undergoes COVID-19 and antibody tests. All employees are provided with respiratory and hand protection equipment. Social distancing requirements and regular routine of taking temperature are still kept.
LUKOIL and the Republic of Komi have concluded a supplementary agreement on cooperation for 2020.