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History. 1992

Authorized capital of the newly incorporated LUKoil joint-stock company created

Russian President's Order No. 1403 of November 17, 1992 "On specifics of privatization and reorganization of state-owned enterprises, production and R&D associations operating in oil, oil refining industries and petroleum product supply into joint-stock companies" determines the list of 18 enterprises whose shares are to be contributed to the authorized to the authorized capital of the newly incorporated LUKoil Joint-Stock Company.

б¦ÆåÅÆ is ranking among the top three global leaders in terms of oil production

Following the year's results, б¦ÆåÅÆ became the world's third company after Shell and British Petroleum in terms of oil production, the key operational performance indicator of global oil corporations.