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News // Oil and gas worldwide

Financial Reports of LUKOIL

19 March 2001 , 10:07444
The LUKOIL Oil Company has practically completed the preparation of its financial reports for 1999-2000 in the GAAP standard, Leonid Fedun, vice-president of LUKOIL, said at the press-conference. At the same time he underlined that official publication of the report will take place after the coordination of the documents which are necessary for its official announcement. The vice-president of LUKOIL noted all these steps are carried out in the interests of RF, since the government plans to buy its 6% of LUKOIL shares through the introduction of ADRs of the third level.

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