Work of Lukoil Company in Volga Federal District discussed in Kazan

On December 18, Tatarstan President Rustam Minnikhanov and President of OAO “Lukoil” Vagit Alekperov took part in a meeting on issues of work of Lukoil company in Volga Federal District held by Russian Presidential Envoy in Volga Federal District Mikhail Babich in Kazan.

Opening the meeting, Mikhail Babich said that the company is working efficiently in all regions of Volga Federal District. He especially noted the highest level of social responsibility. “Agreements on social partnership have been signed, and multi-million social programmes are implemented in all regions,” he said.

The meeting was initiated by Vagit Alekperov, who suggested summarizing year’s results and discussing future plans considering current economic situation and challenges faced by the industry.

Rustam Minnikhanov welcomed participants of the meeting and noted historically close relations between the republic and Lukoil. Cooperation of Lukoil with Tatneft is very important, he added.

“Lukoil is also a large consumer of Tatarstan industrial produce and a supplier of raw materials for our petrochemical industry,” Minnikhanov said.

Tatarstan President also noted high social responsibility of the company and thanked Vagit Alekperov for cooperation.

“2015 will be a decisive year for us. The investments we made in the previous two years will help us providing 5 billion of fixed capital in Volga Federal District. It means that the company is the biggest tax payer in the district,” Alekperov stated.

Summing up, Vagit Alekperov thanked Mikhail Babich and heads of regions for discussing issues of Lukoil work and willingness to solve the raised problems.