Lukoil (own spelling LUKOIL, Russian ЛУКОЙЛ ) is the largest Russian oil company. The now international company is listed on the RTS index.
Positioning in the market
Lukoil is the sixth- largest publicly traded oil company in the world and the first in Russia, which is vertically integrated.
Lukoil promotes per day almost two million barrels of oil and gas. The Group has an oil equivalent of 20.1 billion barrels. He is consistently ranked in second place behind ExxonMobil and BP before. Crude oil reserves, it surpasses all other publicly traded companies in the world. They amount to 16 billion barrels; which are 0.4 percent of global oil reserves.
- 2008 sales: 107.6 billion USD
- Income in 2008: 9.1 billion USD
- Employees: 150,000
- Market value of 1 October 2006: $ 64.8 billion
On November 25, 1991, the state oil company LangepasUraiKogalymneft ( LUKOIL ) ( ЛангепасУрайКогалымнефть ( ЛУКОЙЛ ) ) was created processing plants oil producing and of several smaller by order of the Council of Ministers of the Soviet Union. It was named after the three West Siberian cities Langepas, Urai and Kogalym in whose territories were the three former main and still important producing areas of the Group. 1993 was converted into a public limited company under the sole name now Lukoil and the following year began the privatization.
Lukoil oil production by region in millions of tons
The oil production of the company rose from 2004 to 2009 by more than 10 percent. 2011 but decreased the delivery of the company, especially felt in Russia. The International promotion also fell, but makes only a small part of total production. According to Lukoil, the decline in 2011 is partly due to the exhaustion of some fields in Siberia, on the other hand, the fact that you installed the most advanced production technologies in many conveyor systems, during this time can not be promoted there. The infusion rate had recovered, according to Lukoil in the second half of 2011 in West Siberia.
Oil refineries and petrochemical plants
Lukoil owns seven oil-processing companies in Eastern Europe with a total capacity of 54.1 million tons per year and has a 49 % share of ISAB refinery complex in Sicily as well as 45 % of the shares of the TRN refinery in the Netherlands:
* - 49 % and 45 % of the shares
The company also owns several petrochemical plants in Budjonnowsk, Saratov and Kalush, all of which are managed by "Lukoil - Neftechim ".