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.
Moscow – 3 October 2002 – OAO LUKOIL today reported its unaudited consolidated financial results under U.S. GAAP for the six months ended 30 June 2002 reviewed by KPMG, our independent auditors.
Today LUKOIL, the Export-Import Bank of the United States (“Ex-Im Bank”) and Commerzbank AG (New York branch) have agreed to the terms of an agreement which will provide the Company with up to USD 26.4 million in medium-term financing, guaranteed by Ex-Im Bank.
Today in Moscow LUKOIL Board of Directors held a meeting to summarize the Company operating results for the first half of 2002.
LUKOIL has become the first Russian company to obtain a full listing on the London Stock Exchange via admission to the Official List of the UK Listing Authority (“UKLA”).
OAO LUKOIL (“LUKOIL”) has made application to the UK Financial Services Authority, in its capacity as UK Listing Authority (“UKLA”), to admit its ordinary shares and its Level 1 American depositary receipts (the “Securities”) to the UKLA’s Official List.
London – 1 August 2002 – OAO LUKOIL (“LUKOIL”), Russia’s largest oil company, announces that it has made application for a secondary listing on the London Stock Exchange.
Moscow - 24 July 2002 - OAO LUKOIL today reported its unaudited consolidated financial results under U.S. GAAP for the three months ended 31 March 2002. The following table sets forth summary unaudited consolidated income statement data for the three months ended 31 March 2002 compared with the same period in 2001.
LUKOIL is interested in developing the strategic cooperation with OPIC (Overseas Private Investment Corporation) and setting up the financing of LUKOIL's investment projects with the involvement of OPIC, declared today Vagit Alekperov, President of OAO “LUKOIL”, at the meeting with President and CEO of OPIC Peter Watson.
Today Vagit Alekperov, LUKOIL President, and Gennady Fadeyev, Minister of Railways of the Russian Federation, signed an Agreement on oil product railway transportation to the “LUKOIL –II” terminal under construction near Vysotsk in Leningrad region.
Today President of LUKOIL Vagit Alekperov and Chairman of the Board of the Bank for Foreign Trade (the Bank) Andrei Kostin signed a strategic partnership agreement.