On 16 September the Government of Tatarstan and the LUKOIL Company signed an agreement on cooperation till 2030 which envisages the development of long term programmes on development of the raw material base, development of deposits, transportation of oil and gas and improvement of the production management structure.
The implementation of the document will contribute to strengthening the fuel and energy complex of the region and increasing its investment attractiveness.
LUKOIL has been developing its business in the republic for 30 years and its RITEK enterprise is the Company’s scientific and technological polygon specializing in using innovational technologies for working hard to recover deposits.
The Company is also actively developing its retail network including about 40 filling stations with one flagship station located on the M-12 Moscow –Kazan highway.