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.
LUKOIL publishes 9M 2006 consolidated US GAAP financial accounts. LUKOIL net income was $6,442 million in 9M 2006, which is an increase of 34.2% y-o-y. EBITDA was $10,178 million, which is 32.9% higher y-o-y. Revenue from sales rose by 27.9% to $51,459 million.
OAO LUKOIL Board of Directors held a meeting in Moscow today to summarize preliminary results of the LUKOIL Group activities in 2006.
LUKOIL sold its 100% share in LUKOIL Shelf Limited and LUKOIL Overseas Orient Limited which owned and operated ASTRA jack-up rig to OOO Eurasia Drilling Company.
LUKOIL has won the motor fuel supply tender for the Federal State Unitary Enterprise ‘State Transport Company Russia’ (the FSUE) of the Administrative Department under the President of the Russian Federation.
Today a meeting between Vagit Alekperov, President of OAO LUKOIL, and heads of higher education establishments which provide training to potential LUKOIL employees was held at the Company’s head office in Moscow.
LUKOIL and ConocoPhillips have reached definitive agreement for LUKOIL to purchase 376 ConocoPhillips' fueling stations in six countries in Europe.
Today in Moscow Vagit Alekperov, President of OAO LUKOIL, and Alexandr Filipenko, Governor and Chaiman of the Government of Khanty-Mansi Autonomous District Yugra, signed a supplement cooperation agreement between the Government of Khanty-Mansi Autonomous District and the Company.
Richard Matzke, Member of the Board of Directors, OAO LUKOIL, won the ‘Director of the Year 2006’ National Award in the ‘Independent Director of the Year’ nomination category.
Non-convertible interest-bearing documentary bonds to bearer of OAO LUKOIL, series 03 and 04, worth RUR14 billion were placed at the Moscow Interbank Currency Exchange (MICEX) today.
Vagit Alekperov, President of OAO LUKOIL, and Valery Potapenko, Head of the Nentsk Autonomous District Administration, signed a Cooperation Agreement between the Company and the Nentsk Autonomous District Administration in Naryan-Mar today.