Lukoil to invest 140 billion rubles in exploration and production on Baltic shelf, if it agrees with the Ministry of Defense

Lukoil will invest 140 billion rubles in geological exploration and production on the shelf in the Kaliningrad region. 

This was stated by head of the company Vagit Alekperov on September 8, 2015. He said that according to the concept of the company development in the region, in the case if the conducted geological exploration is successful, the company will begin the development of the fields, discovered on the shelf.

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