Introduction of Luke Oil Company

OAO Lukoil Holdings was established in 199 1, which was formed by the merger of three major crude oil and natural gas producers: West Siberia, Kogalymneftegaz and Kogalymneftegaz. In Russia, 55 of 89 regions have operating projects, distributing smelting equipment and operating refineries in many countries and regions, and have extensive retail networks.

Luke Company is the second largest private oil company in the world in terms of proven hydrocarbon reserves. The company accounts for about 1.3% of the world's oil reserves and 5. 1% of the world's oil production. The company plays an important role in Russian energy field, accounting for 36% of all Russian oil production and 48% of all Russian oil processing and smelting. At the beginning of 2009, the company's proven oil reserves were 326,954.38 billion barrels, natural gas was 38 trillion cubic feet, and its total oil reserves reached 45.5 billion barrels.

Luke company has high-quality diversified assets in the field of exploration and exploitation. The main area of oil exploitation is West Siberia, and the fastest growing area is Jimano-Bojola, and the oil exploitation has increased by more than 1.6 times. Luke also has a series of exploration and exploitation plans outside Russia: Kazakhstan, Egypt, Azerbaijan, Uzbekistan, Saudi Arabia, Iran, Colombia, Venezuela and Iraq.

Nakhodka Oilfield Company began to implement the natural gas exploitation plan, so the medium-term prospect of natural gas exploitation will develop rapidly. The oil fields in the Great Hertha Basin and the Caspian Sea will become the energy bases of the project. The company's international natural gas projects include: Kandym-uzak-Shad project in Uzbekistan and Shah-Dennis project in Azerbaijan.

Luke Company has strong refining capacity both inside and outside Russia. In Russia, the company has four large refineries in Perm, Volgograd, Ukhtar and Nizhny Novgorod, and two small refineries. The domestic refining capacity has reached 465,438+800,000 tons/year. The company's overseas refineries are located in Ukraine, Bulgaria and Romania, and the overseas refining capacity is16.7 million tons/year. In 2004, the company processed 44 million tons of crude oil in our factory, including 35.5 million tons in the Russian factory.

By the end of 2004, the company's sales network spread all over the world 17 countries, including Russia, CIS countries (Kazakhstan, Azerbaijan, Belarus, Georgia, Moldova and Ukraine), European countries (Bulgaria, Hungary, Belgium, Latvia, Lithuania, Poland, Serbia, Romania and Czech Estonia) and the United States. The company has 24 branches in Russia and its business scope covers 59 entities in the Russian Federation.

Meanwhile, in 2007, Luke Oil Company set up a representative office in China.