№ 2139. “Lukoil” Oil Company

 

PJSC LUKOIL is one of the largest companies that extract oil and gas, and produce petroleum and petrochemicals. The company dominates Russian and world markets in its main spheres of activity.

The company’s history can be traced back to 25 November 1991, when the Government of the RSFSR issued the Decree No. 18 on establishing the LangepasUrayKogalymneft petroleum corporation. The company plays a major part in the fuel and energy sector of Russia accounting for 16% of crude production and 15 % of oil refining.

Nowadays, LUKOIL produces a wide range of high-quality refined oil products, gas processing products and petrochemicals, and operates in 63 Russian regions, 35 countries of the world constantly expanding its reach.

The postage stamp depicts an oil industry worker against the background of an oil-producing complex.

Additionally, FSUE PTC “Marka” will manufacture an illustrated cover with the stamp and first day cover with cancellation (Moscow) inside.

Design: S. Ulyanovskiy.
Face value: 24 RUB.
Size of stamp: 65×32.5 mm, size of sheet: 170×167 mm.
Form of issue: sheet with illustrated margins of 8 (2×4) stamps.
Circulation: 224,000 stamps (28,000 sheets).