LukArco

LukArco B.V. is a subsidiary of the Russian oil company Lukoil. It was formed in February 1997 as a joint venture between Lukoil and the former American oil company ARCO.^[1] In 2000, Arco merged with the UK oil company BP, and since BP became a shareholder of LukArco with 46% shares. In December 2009, BP sold its stake to Lukoil and thereafter Lukoil became a sole shareholder of LukArco.^[2]

LukArco is a partner in the Caspian Pipeline Consortium with a shareholding of 12.5%,^[3] and is a partner in the consortium Tengizchevroil (TCO).^[4]

References[]

^ ARCO, LUKoil Sign Summary Shareholders Agreement, Detailed Financing Terms for LUKARCO Joint Venture Archived 2011-06-08 at the Wayback Machine
^ Turner, Lorraine (2009-09-11). "BP says Lukoil buys out stake in CPC pipeline JV". Reuters. Retrieved 2009-09-12.
^ ARCO, LUKOIL Formalize Joint Venture Agreement; First Investment is in Caspian Pipeline Consortium; Negotiations Proceed for Tengiz Oil Field Involvement Archived 2007-10-11 at the Wayback Machine
^ LUKARCO Acquires 5% Interest in Tengiz Oil Field from Chevron Archived 2011-06-08 at the Wayback Machine

This article about a natural gas or petroleum-related company is a stub. You can help Wikipedia by .

[1] ARCO, LUKoil Sign Summary Shareholders Agreement, Detailed Financing Terms for LUKARCO Joint Venture Archived 2011-06-08 at the Wayback Machine

[reuters111209-2] Turner, Lorraine (2009-09-11). "BP says Lukoil buys out stake in CPC pipeline JV". Reuters. Retrieved 2009-09-12.

[3] ARCO, LUKOIL Formalize Joint Venture Agreement; First Investment is in Caspian Pipeline Consortium; Negotiations Proceed for Tengiz Oil Field Involvement Archived 2007-10-11 at the Wayback Machine

[4] LUKARCO Acquires 5% Interest in Tengiz Oil Field from Chevron Archived 2011-06-08 at the Wayback Machine

[1]

[2]

[3]

[4]