24 April 2007
Lukoil opened the London markets today to celebrate their 5th anniversary since listing shares on the Main Market of the London Stock Exchange.
Lukoil is one of the world’s leading vertically integrated oil & gas companies. The main activities of the company are exploration and production of oil & gas, production of petroleum products and petrochemicals. Most of the company's exploration and production activity is located in Russia, and its main resource base is in Western Siberia. Lukoil owns modern refineries, gas processing and petrochemical plants located in Russia, Eastern Europe and some other countries. Most of the company's production is sold on the international market.
Lukoil petroleum products are sold in Russia, Eastern and Western Europe, CIS and Central Asian countries and the USA.
In 2002 Lukoil became the first Russian company to list its shares in London. Lukoil's share listing and its compliance with the associated disclosure standards demonstrate Lukoil's commitment to the London markets.