The management of LUKOIL - efficient management team

The “LUKOIL” is an effective team of managers at the highest level. The priorities of the corporate policy management “LUKOIL” are the principles of improving the competitiveness of the company, effective spending, and increase capitalization.

In the top management team of the company includes leading experts in the oil, financial, economic, managerial, scientific, manufacturing and HR sectors.

Corporate governance PJSC “LUKOIL”

Corporate governance the oil giant includes a hierarchical structure that consists of Board of Directors, Executive body and the shareholders.

The Board of Directors of “LUKOIL” includes Victor Blazheev, Leonid Fedun, Igor Ivanov Ravil Maganov, Ivan Pictet, Roger Munnings, Richard Matzke, Anthony Guglielmo, Gati, Toby Trister. Chairman of the Board of Directors was elected Valery Graifer. Also a member of the Board of Directors includes the President of the company Vagit Yusupovich Alekperov.

Board of Directors performs General management of the company, deals with strategic, medium and annual planning, supervises the tabulation of results.

New Board of Directors was established 23.10.2016 of the year at the annual General meeting of shareholders.

The “LUKOIL” contributes to the creation of reliable and trusting relationship with the shareholders of the company. Thus increases the investment attractiveness of the organization.

PJSC “LUKOIL”

Public joint stock company “LUKOIL” is the largest Russian vertically integrated oil and gas company.

The market for over twenty-five years. Was founded in 1991.

Interesting fact: the company name is an acronym which comes from the names of the cities oil industry - Langepas, Urai and Kogalym oil and English, which means "oil".

Vertical integration business model, the company assumes full production cycle, including exploration in the initial stages and the sale of finished products to the final consumer. This model has repeatedly proved its resilience to external market and financial fluctuations.

The Company is in second place after PAO “Gazprom” in Russia in the assessment of revenue.

The brand “LUKOIL” is in the top 100 world-leading brands according to financial times.

Company Activities

The company operates on the principle of full production cycle, which includes process control at all stages, from oil and gas production to sales.

Main activity of the company is geographically concentrated in four main regions - the Urals, the South, the North-West and Volga regions, which account for 88 percent of reserves and 83 percent of hydrocarbon recovery.

The “LUKOIL” in ensuring the company's activities follows the principles of gradual and stable development and maintaining the balance between economic development and preserving the ecological background.

Greifer Valery

Graifer, Valery Isaakovich - engineer, Professor, candidate of technical Sciences, Russian and Soviet oil. In the period from 1985 to 1992 held the post of Deputy Minister of oil industry of the USSR. Laureate of state prizes of the USSR and Russia.

20.11.1929 was Born in Baku (Azerbaijan).

Studied at the Moscow oil Institute. I. M. Gubkin Moscow and the Institute. G. V. Plekhanov.

Scientific interests - the exploitation of oil fields.

Since 2000, is Chairman of the Board of Directors of public joint stock company “LUKOIL”.

The “LUKOIL” appreciates the unique expertise Valery Gafura. In 2016, Valery Isaakovich was re-elected as Chairman of the Board of Directors.