Press releases

OAO LUKOIL raised today two loan facilities from Sberbank (Savings Bank of the Russian Federation) for USD 500 million and for RUR 17 billion.

Vagit Alekperov, OAO LUKOIL President, and Oleg Chirkunov, Governor of Perm Region, signed a Cooperation Protocol for 2009 between the Region and the Company in Perm today. The Protocol was signed in accordance with the Framework Agreement on economic and social cooperation dated December 20, 2005.

Stavrolen, a LUKOIL Group petrochemical facility, has resumed commercial output following a complete overhaul of its polypropylene-production unit.

LUKOIL paid EUR 852.47 million today to Italian ERG as a final settlement of the amount due for acquiring a 49% stake in the joint venture that will operate the ISAB refinery complex in Sicily.

The Press Service of OAO LUKOIL reports that on the16th of February 2009 the Federal Arbitration Court of the Moscow Region affirmed an amicable agreement between OOO LUKOIL-Permnefteorgsintez and OAO Incorporated Company RUSAL – Trade House, thus dismissing the matter in the action of the latter concerning the delivery of the balance of coke for the year 2008.

The OAO LUKOIL Press Service would like to call the attention of all those concerned to the activities of certain companies disseminating offers for the sale of crude oil and petroleum products. These companies call themselves “OAO “ЛУКОИЛ” and “ЛУСОИЛ” in Russian, and also “LUCOIL” and “OAO LUC OIL” in English.