Lukoil and Adygea govt sign co-operation agreement

President of LUKOIL Vagit Alekperov and the Head of the Republic of Adygea, Murat Kumpilov, signed a five-year Cooperation Agreement between the company and the Moscow region.

One of the Republic's major suppliers of quality petroleum products and an employer for twenty five years, the company occupies a share of 31% of Adygea's retail market. It operates twenty-one gas stations, including four retail stations offering a wider range of fuels (standard fuels and liquefied petroleum gas), and two oil tank farms with a total capacity of 27,600 cubic meters. ‚Äč

The new agreement envisages a reconstruction of the existing fuel stations, an upgrade of the tank farm facilities and the development of joint projects to promote employment and to improve the public infrastructure.