Lukoil Belarus is a Belarusian oil company that is a subsidiary of Russia's largest oil company Lukoil.
Minsk is the capital and largest city in Belarus, situated on the Svislach and Niamiha rivers. Minsk is also a headquarters of the Commonwealth of Independent States . As the national capital, Minsk has a special administrative status in Belarus and is also the administrative centre of Minsk... Region and Minsk raion . It has a population of 1,836,808 inhabitants . The earliest references to Minsk date to the 11th century , when it was a provincial city within the principality of Polotsk. In 1242, Minsk became a part of the Grand Duchy of Lithuania, and it received its town privileges in 1499. From 1569, it was a capital of the Minsk Voivodship in the Polish–Lithuanian Commonwealth. It was annexed by Russia in 1793, as a consequence of the Second Partition of Poland. From 1919–1991, Minsk was the capital of the Belorussian Soviet Socialist Republic. Minsk is located on the southeastern slope of the Minsk Hills, a region of rolling hills running from the southwest to the northeast – that is, to the Lukomskaye lake in northwestern [Belarus].more
Lukoil/LUKoil is Russia's second largest oil company and its second largest producer of oil. In 2009, the company produced 97.615 million tons of oil; 1.972 million barrels per day . Headquartered in Moscow, Lukoil is the second largest public company in terms of proven oil and gas reserves. In 2008, the company had 19.3 billion barrels of oil equivalent per SPE standards. This accounts to some 1.3% of global oil reserves. The... company has operations in more than 40 countries around the world. Lukoil was formed in 1991 when three state-run, western Siberian companies, Langepasneftegaz, Urayneftegaz, and Kogalymneftegaz, merged. The initials of the three companies are preserved in the name Lukoil. The central figure in the company's founding was the Soviet deputy minister of oil production Vagit Alekperov. He came to believe the only way Russians could compete against western companies was to copy their business model.more