KAZAKHSTAN DELEGATION VISITS LUKOIL'S INDUSTRIAL FACILITIES IN ASTRAKHAN REGION

Friday, May 21, 2021

The delegation of the Republic of Kazakhstan visited LUKOIL's facilities in the Astrakhan region. Among the delegation members were Chairman of the Management Board of the Samruk-Kazyn Sovereign Wealth Fund Almasadam Satkaliyev, Vice-Minister of Energy of the Republic of Kazakhstan Zhumabay Karagaev, and Chief Executive Officer of KazMunayGas National Company Alik Aidarbayev. With LUKOIL representatives in tow, they went to the oil platform of the Vladimir Filanovsky field in the Caspian Sea. The esteemed guests learned about the full hydrocarbon production cycle: from extraction to treatment and transportation onshore.

LUKOIL specialists presented to the delegation the 'zero discharge' system employed at all offshore projects of the Company in the Barents Sea, the Baltic Sea and the Caspian Sea. According to this principle, all industrial and residential waste is accumulated on the platform and transported onshore for safe recycling, purification and disposal. Therefore, pollution of marine environment becomes virtually impossible. The 'zero discharge' principle constitutes a foundation of HELCOM recommendations for the countries operating in the Baltic shelf area.

The delegation also visited LUKOIL's Corporate Training Centre, which trains personnel of both onshore and offshore oil and gas facilities from Russian and foreign energy companies.

The esteemed guests praised environmental and technological aspects of operation of LUKOIL facilities and professional excellence of their employees.

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LUKOIL discovered nine fields (joint ventures included) with total recoverable reserves of seven billion BOE in the Caspian Sea. The Company is actively developing the Vladimir Filanovsky and Yury Korchagin fields, while preparing to launch production at the Valery Grayfer field.
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OAO Lukoil published this content on 21 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 May 2021 12:06:01 UTC.