print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all LUKOIL Oil Company press releases

LUKOIL Oil Company

October 30, 2019

LUKOIL, Transneft and MOL resolve consequences of oil supply incident of April 2019

Today in Budapest bilateral Declarations of Understanding have been signed between PJSC LUKOIL and PJSC Transneft as well as between PJSC LUKOIL and Hungarian oil and gas company MOL to acknowledge the resolution of consequences of the incident that took place in April 2019 when crude oil containing excessive levels of organic chlorides was introduced in the Druzhba trunk pipeline through the fault and as a result of wrongful acts of third parties.   

Efforts to settle the incident involved many parties and resulted in the signing of the respective Declarations of Understanding preceded by a number of related agreements on the incident resolution between PJSC LUKOIL and PJSC Transneft as well as between PJSC LUKOIL and MOL.  

By signing the Declarations of Understanding the parties confirmed that the incident with LUKOIL's oil supplies to Hungary and Slovakia has been resolved on the terms of earlier concluded agreements as well as expressed their willingness to continue the mutually beneficial cooperation.   

"The continuation of cooperation between our companies serves common interests. LUKOIL has been supplying its oil to MOL for more than 15 years. Over this time we have proved the reliability of Russian energy supplies", President of LUKOIL Vagit Alekperov said.

LUKOIL is the main supplier of crude oil to MOL refineries via the Druzhba pipeline. In 2018 the Hungarian company purchased more than 4 million tonnes of oil from LUKOIL.

CONTACT INFORMATION

Press Centre PJSC "LUKOIL"

media@lukoil.com

+7 (495) 627-16-77

http://www.lukoil.com

https://www.facebook.com/Lukoil.en

http://twitter.com/lukoilengl

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer