Lukoil won’t reduce its investment into the Caspian shelf projects despite oil price drop

Lukoil won’t reduce its investment into the Caspian shelf projects despite the reduction in the oil price, the chief of the company, V. Alekperov said during his working visit to Astrakhan. In his opinion, the projects are perspective; moreover, Russia has approved the law stimulating investment to the shelf projects. The deposit in h. of Filanovsky falls under the law, and all other Lukoil’s projects will fall under the law for the shelf deposits development. He hopes that all projects will be realized in time.