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Progress on the project stalled for several years until 1996 when a restructure included eight production companies in the project. Among the companies were Chevron, Mobil, LUKoil, Royal Dutch Shell and Rosneft. BP joined the consortium in 2003. Shares were divided fifty-fifty between the three states and the eight companies.
The PJSC Lukoil Oil Company (Russian: Лукойл, romanized: Lukoyl, IPA: [ˈluːkɔɪl] stylized as LUKOIL or ЛУКОЙЛ in Cyrillic script) is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, petroleum products, and electricity.
The Karachaganak Field is one of the world's largest gas condensate fields. It is located in the Pre-Caspian (or North Caspian) Basin, which extends from the southeastern margin of the Russian Platform down to the northern coast of the Caspian Sea , and includes the offshore Caspian Sea north of about 44° N.
Ukraine's decision to suspend the transit of oil from Russian group Lukoil to Hungary and Slovakia was in accordance with Kyiv's sanctions against the company and nothing to do with blackmail ...
However, the European Bank for Reconstruction and Development (EBRD) is to lend US$200 million to Lukoil to develop the Shah Deniz gas field in Azerbaijan. The Russian company Lukoil , whose CEO is an Azerbaijani businessman Vagit Alekperov , owns 10% of the field.
PRAGUE/BUDAPEST (Reuters) -Slovakia and Hungary said they have stopped receiving oil from key supplier Lukoil after Ukraine imposed a ban last month on the transit of resources from the Russian ...
MOSCOW (Reuters) -A fire on Sunday at an oil refinery owned by Lukoil near Ukhta in Russia's northwestern Komi Republic caused fatalities, authorities said, but did not say how many. Vladimir Uiba ...
The Karachaganak natural gas and gas condensate field is being developed by BG, Agip, ChevronTexaco, and Lukoil. Also Chinese, Indian and Korean oil companies are involved in the Kazakhstan's oil industry. Kazakhstan has three oil refineries: in Pavlodar, in Atyrau, [14] and in Shymkent.