The LUKOIL Board of Directors held a meeting in Moscow today to summarize the Company's preliminary 2018 results and set priorities for 2019​. It was emphasized at the meeting that the Company successfully accomplished the first year's interim goals within the ten-year strategy and achieved significant progress in delivering key projects and strategic initiatives.​

LUKOIL’s cumulative production of oil in the Russian part of the Caspian Sea has exceeded 20 million tonnes.

President of LUKOIL Vagit Alekperov and Chairman of the Management Committee of Gazprom Alexey Miller discussed bilateral cooperation at a meeting. For instance, the parties touched upon the development of Vaneyvisskoye and Layavozhskoye fields in the Nenets Autonomous District, Russia.