OREANDA-NEWS. Yesterday, Vagit Alekperov, OAO LUKOIL President, and Valery Serdyukov, Leningrad region Governor, have signed a Cooperation Agreement in Saint Petersburg between the Government of the region and the Company.

Among other things, the document specifies the main trends of the parties’ cooperation for further development and upgrading efficiency of the fuel and energy complex in Leningrad region, its production capacity growth, steady fuel and lubricant supply of the region’s enterprises, institutions and community, improvement of environmental situation.

The parties also agreed to cooperate in development of the railroad infrastructure near Vysotsk LUKOIL-II, a distribution and transshipment unit, to provide maximum freight turnover. Moreover, the parties plan to cooperate with federal and regional regulatory and inspection authorities to construct the fourth stage of the distribution and transshipment unit Vysotsk LUKOIL-II.