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MarketScreener Homepage  >  Equities  >  Moscow Micex - RTS  >  LUKOIL    LKOH   RU0009024277

LUKOIL

(LKOH)
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LUKOIL : RESTORES BIORESOURCES OF RUSSIAN WATER BODIES

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07/03/2020 | 09:46am EDT

LUKOIL continues the artificial reproduction of water bioresources in its operation regions.

The Company takes an active part in programs aimed at restoring the population of high-value fish species.

In the Republic of Komi, 550 thousand whitefish fries have already been released into the Usa river in 2020. 457 thousand sturgeon fries will soon be stoked into the rivers of the region.

In Western Siberia, 7.5 million fingerlings of muksun will be released into rivers of the Ob-Irtyshsky basin this year as part of the artificial reproduction of water bioresources.

In the Perm region, 85 thousand sturgeon fries will be stocked into the Kama river this summer. The fish stocking campaign, which has become a tradition for Perm oilmen, will take place in two stages: in the Kamskoye reservoir in June and in the Votkinskoye reservoir in August.

LUKOIL will provide over 1 million sturgeon fingerlings, which have an average weight of at least 3 grams, to be released into the Volga river and its streams in the Astrakhan region. Fish stocking activities in the water bodies of the Astrakhan Region will also take place as part of the project initiated by the Caspian Oil Company (a joint venture between LUKOIL, Rosneft and Gazprom).

The Volgograd region is also included in the program. Over 4 thousand sturgeon fries have already been deposited into the Medveditsa river. Over 400 thousand carp, sturgeon, muksun and peled fries will be released in the Volgograd region, the Republic of Tatarstan and Khanty-Mansi Autonomous District (Yugra) by November.

Fries for stocking are supplied from fish farms owned by third-party contractors. These are modern enterprises covering the full cycle of the artificial reproduction of water bioresources at their facilities.

The Company plans to spend the total of about 300 million Rubles on fish stocking in 2020.

Contact:

Tel: +7 (495) 627-16-77

(C) 2020 Electronic News Publishing, source ENP Newswire

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Sales 2020 73 740 M - -
Net income 2020 3 147 M - -
Net Debt 2020 2 484 M - -
P/E ratio 2020 15,3x
Yield 2020 8,66%
Capitalization 45 039 M 45 050 M -
EV / Sales 2020 0,64x
EV / Sales 2021 0,52x
Nbr of Employees -
Free-Float 81,9%
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Vagit Yusufovich Alekperov President, Chief Executive Officer & Director
Ravil Ulfatovich Maganov Chairman
Pavel Lukoil Zhdanov Vice President-Finance
Lyubov Nikolayevna Khoba Director, Chief Accountant & Vice President
Victor Vladimirovich Blazheev Vice Chairman
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