Lukoil company

Founded in 1991, Russia's oaoleukoil holdings was formed by the merger of three major crude oil and gas producers, namely western Siberia, kogalymneftegaz and kogalymneftegaz. It has 55 business projects in 89 regions of Russia, distributes smelting equipment and refineries in many countries and regions, and has a broad retail network.

In terms of proven reserves of carbon hydrocarbons, Luke is said to be the second largest private oil company in the world. The company accounts for about 1.3% of the world's oil reserves and about 5.1% of the world's oil production. The company plays an important role in Russia's energy sector, accounting for 36% of Russia's oil production and 48% of Russia's oil processing and smelting. At the beginning of 2009, the company has proved 32.691 billion barrels of oil reserves and 38 trillion cubic feet of natural gas, with total oil reserves reaching 45.5 billion barrels.

In the field of exploration and exploitation, Luke has high-quality diversified assets. The main area of oil exploitation is West Siberia, and the area with the fastest growth in business is the zimano berchaola area, where oil exploitation has increased by more than 1.6 times. Luke also has a series of exploration and mining plans outside Russia: Kazakhstan, Egypt, Azerbaijan, Uzbekistan, Saudi Arabia, Iran, Colombia, Venezuela and Iraq.

In nahodka oilfield, the company began to implement the natural gas exploitation plan, according to which, the medium-term prospect of natural gas exploitation will have rapid development. The oil fields in the greater heta basin and the Caspian Sea will become the energy base of the project. The company's international natural gas projects include: kandem hauzak shad project in Uzbekistan and Shah Denis project in Azerbaijan.

Luk has a strong refining capacity both inside and outside Russia. In Russia, the company has four large refineries in perm, Volgograd, uhta and Nizhny Novgorod, as well as two small refineries. The domestic refining capacity has reached 41.8 million tons per year. The company's overseas refineries are distributed in Ukraine, Bulgaria and Romania, with an annual refining capacity of 16.7 million tons. In 2004, the company processed 44 million tons of crude oil in our plant, including 35.5 million tons in Russia.

By the end of 2004, the company's sales network has spread all over 17 countries in the world, including Russia, CIS countries (Kazakhstan, Azerbaijan, Belarus, Georgia, Moldova, Ukraine), European countries (Bulgaria, Hungary, Belgium, Latvia, Lithuania, Poland, Serbia, Romania, Czech Republic, Estonia) and other countries In the United States, there are 206 oil depots and 6919 gas stations. In Russia, the company has 24 branches, covering 59 entities in the Russian Federation. Meanwhile, in 2007, Russian Lukoil set up a Chinese representative office in Beijing.