LUKOIL and Tatarstan sign cooperation agreement – ​​Eurasia Review

Vagit Alekperov, President of PJSC LUKOIL, and Rustam Minnikhanov, President of the Republic of Tatarstan, signed a cooperation agreement on Wednesday in Moscow. The parties intend to jointly develop upstream and downstream projects, production infrastructure and public facilities.

The agreement aims to increase the efficiency of Tatarstan’s power and energy complex, improve the investment environment in the region, expand its mineral resource base, promote stability and improve the environment.

LUKOIL said it attaches great importance to social development in the region. Within the framework of the previous cooperation agreement, concluded by the company and the government of Tatarstan in June 2010, LUKOIL took an active part in the revival and development of the spiritual culture of the region, as well as in the restoration world famous relics. The company supported orphanages and performance groups, paid attention to the development of sports and social infrastructure. The Sarsak-Omga highway was reconstructed and the road network was built in the village of Bolshaya Shilna of the Tukayevsky municipality.

​Since 2010, under the aegis of the President of the Republic Rustam Minnikhanov, Tatarstan has been one of the regions where the annual contest of social and cultural projects LUKOIL takes place. Over the years, more than 7.5 thousand entries have been submitted, of which more than 1.5 thousand have become winners.

Rose D. Jones