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Business and Economy

OAO Lukoil

11/16/2021 | Press release | Distributed by Public on 11/16/2021 06:07

HEAD OF LUKOIL VISITS KAZAKHSTAN

Tuesday, November 16, 2021

<_a103a_updated style="display: none"> { 11/16/2021 3:05:51 PM }

President of the Republic of Kazakhstan Kassym-Jomart Tokayev met with President of LUKOIL Vagit Alekperov in the city of Nur-Sultan, today. The parties discussed LUKOIL's progress in projects in Kazakhstan and plans for the future cooperation.

During his business trip to Kazakhstan, Vagit Alekperov also had meetings with Prime Minister Askar Mamin, Minister of Energy Magzum Mirzagaliev, Chairman of the Management Board of KazMunayGas National Company Alik Aidarbayev and Chairman of the Management Board of KazTransGas Kairat Sharipbayev.

President of LUKOIL Vagit Alekperov and Chairman of the Management Board of KazMunayGas Alik Aidarbayev signed principles agreement on Kalamkas-Sea and Khazar project, envisaging further negotiations between the two companies to determine detailed terms of the partnership in construction of the fields' facilities.

LUKOIL's team also participated in special events on the occasion of the 25th anniversary of the Caspian Pipeline Consortium (CPC).

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Information

Operating in Kazakhstan since 1995, LUKOIL participates in Karachaganak, Tengiz, Zhenis, Al-Farabi projects, Caspian Pipeline Consortium's crude oil transportation project and in joint ventures to develop Khvalynskoye and Tsentralnoye fields, in partnership with KazMunayGas.
With the launch of a lubricant plant in Almaty Region in 2019, LUKOIL provided new jobs to over 220 citizens of Kazakhstan, graduates from the country's universities among them. Developed through innovative technologies of molecular engineering, the product line of 700 lubricants, produced at the facility, gained recognition of the world's leading car manufacturers.