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LUKOILLangepas, Uray and Kogalym Oil (Russia oil company named after major producing cities)
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The 2014 2024 General Agreement on Strategic Partnership is effective between Gazprom and LUKOIL.
Dubai: Al Habtoor Motors, a part of the UAE-based diversified business conglomerate Al Habtoor Group, announced on Thursday that it has been appointed as the UAE distributor of Lukoil automotive oils and lubricants.
In addition, LUKoil is conducting exploration at the Western Aral structure, jointly with UNG, CNPC and Korea National Oil Corp (KNPC) - Petronas of Malaysia having abandoned its stake in this and left the country in early 2014 (see omt16UzbProdOct20-14).
Lukoil must decide whether it respects the laws of the Romanian state; if it wants the laws in Moscow, it should go there," Basescu commented on a statement by a Lukoil high level official that the group will make the decision of shutting down for good its refinery in Romania, unless the local prosecutors accept to lift the lien set on the company's stocks and patrimony by Friday.
Before and after the annexation, the refinery and related retail network have been be run by the firm's unit LUKoil Ukrayina.
The number of LUKoil stations in the US now exceed 2,000.
The head of Lukoil Overseas / operator of International extractive projects of Lukoil /, Andre Kozaiev said in a statement for the media Office in the company that " an oil tanker, chartered by Ltasco company /branch of Lukoil Open marketing and international trade/ docked yesterday at the port of Basra to ship the first batch of oil in process of recovery of costs which was used by Lukoil in the first phase of the development of the West Qurna field / 2 / production of the early stage / "
Lukoil noted that the wells would be drilled on property licensed by the company by its subsidiary Kaliningradmorneft, the state news agency reported.
Lukoil, which as a private firm is struggling to access new big deposits in Russia, has been actively expanding abroad.
LUKOIL Overseas is an integral part of the Russian LUKOIL Group.
Risalto said owners of Lukoil gas stations are forced to pay higher prices for gas than the competition, who charge less for fuel, according to the AP.
LUKOIL reported yesterday (22 Aug) that it had acquired a 30% stake in Naryanmarneftegas (NMNG) from ConocoPhillips.