The contract was signed in Saint Petersburg within the framework of the International Economic Forum.
The document provides for the delivery by LUKOIL to Sovcomflot between July 1, 2011, and July 1, 2014, of a total of more than 20,000 tonnes of 67 items of various lubricants.
LUKOIL is Russia’s largest oil manufacturer.
LUKOIL marine oils have been approved for use by the world’s leading producers of marine engines. They are manufactured in 17 countries and supplied to vessels in 512 ports of 54 countries.