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President Vladimir Putin met with President of open joint-stock company Lukoil Oil Company Vagit Alekperov

February 13, 2006, The Kremlin, Moscow

Mr Alekperov spoke of Lukoil’s results for 2005 and the company’s priorities for 2006, which include plans to make a number of large acquisitions on the European and U.S. markets.

According to Mr Alekperov, Lukoil now has around 600 petrol stations in Europe and around 2,000 in the United States.

February 13, 2006, The Kremlin, Moscow