Lukoil LTD is one of the largest petroleum companies in the world that extracts over 2% of the world's oil. Within Russia, Lukoil accounts for 16% of the extracted oil. It is also responsible for about the same percentage of the refined oil products. Lukoil is one of the leaders in having the largest potential deposits of oil over 90% of which are located in Russia. This company specializes on extraction and hydrocarbon exploration in 13 countries around the world. Its modern oil refineries are located in Europe, Russia and other CIS countries. Lukoil supplies its products to the United States as well as to the countries in which its refineries are located.
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