Q&A

Ravil Maganov
Ravil Maganov
  • First Executive Vice President of PJSC LUKOIL

A.

LUKOIL is achieving a consistent improvement in indicators related to the impacts of our current and planned activity on the environment. In 2018 LUKOIL entities significantly reduced emissions of pollutants into the atmosphere, and achieved waste utilization and contaminated land remediation targets. Thanks to environmental safety program measures, the consumption of water from surface natural sources is being reduced and the quality of effluent is improving. In this way LUKOIL contributes to preserving sources of fresh water in the regions where the Company operates. We also continue to apply our cutting-edge technologies such as the “zero discharge” principle during work in offshore zones.

A.

LUKOIL devotes significant attention to reducing the number of pipeline transport accidents and seeks to comply with the global best practice of oil companies in this area. In 2018 the specific failure rate of pipelines contracted significantly, and we attained the best result in the past seven years. Thanks to pipeline transport renovation and retrofitting measures, the share of protected pipelines is increasing, which creates good conditions for further work.

Based on the results of the reporting year, which specific achievements from implementing the environmental safety program would you like to highlight?

A.

LUKOIL is achieving a consistent improvement in indicators related to the impacts of our current and planned activity on the environment. In 2018 LUKOIL entities significantly reduced emissions of pollutants into the atmosphere, and achieved waste utilization and contaminated land remediation targets. Thanks to environmental safety program measures, the consumption of water from surface natural sources is being reduced and the quality of effluent is improving. In this way LUKOIL contributes to preserving sources of fresh water in the regions where the Company operates. We also continue to apply our cutting-edge technologies such as the “zero discharge” principle during work in offshore zones.

How successful has the Company been in its measures to increase the reliability of pipelines?

A.

LUKOIL devotes significant attention to reducing the number of pipeline transport accidents and seeks to comply with the global best practice of oil companies in this area. In 2018 the specific failure rate of pipelines contracted significantly, and we attained the best result in the past seven years. Thanks to pipeline transport renovation and retrofitting measures, the share of protected pipelines is increasing, which creates good conditions for further work.