OREANDA-NEWS. LUKOIL completed creating a global cash management system as part of the Group’s Centralized Treasury.

While creating the system, activities aimed at enhancing efficiency of cash resources use, improvement of liquidity planning, centralization of exchange transactions and financial market operations were held.

Contracts with ZAO Citibank, Citibank N.A. and ZAO ABN AMRO Bank on complex banking using banking technologies of Citibank were also signed.