Description
SWOT ANALYSIS OF LUKOIL

Lukoil

Parent Company

Lukoil

Category

Oil and Gas

Sector

Energy

Tagline/ Slogan

Always moving forward

The largest privately owned oil & gas company in the world by proved USP oil reserves STP

Segment

Corporates, countries looking to fulfill energy needs and individuals

Enterprises looking to produce energy, people who depend on petrol, diesel for vehicles and gas for domestic uses in more than Target Group 20 countries

International company for exploration and production of crude oil Positioning ,natural gas and production and marketing of petroleum products SWOT Analysis

1.One of the world's leading vertically integrated oil and gas companies accounting for substantial part of global output of crude oil 2.The company has operations in more than 40 countries around the world and employs more than 150,000 people Strength 3.Strong refining operations with total capacity of 45+ mtpa across Russia 4.Leader on Russian and international markets in its core business 5.Innovation and the application of new technologies are among the main competitive strengths

Weakness

1.Heavy dependence upon Transneft's pipeline system

2.Lukoil cannot export the gas which it produces, since Gazprom has a monopoly on gas exports and owns the gas transport system

1.Partnership agreement to develop clean energy sources 2.Rights to develop the West Qurna-2 field in Iraq Opportunity 3.Joint venture with Bashneft Oil Company for development of Trebs and Titov oil fields 4.Development of a gas processing plant

1.Fluctuations in crude oil and natural gas prices 2.Environmental risks and stringent requirements on carbon dioxide Threats (CO2) emissions or the need to clean up possible industrial accidents could have a substantial negative effect on the financial indicators 3.The natural gas business is seasonal and dependent on weather conditions in the service areas Competition

1.BP Plc Competitors 2.Chevron Corporation 3.ExxonMobil Corporation 4.Royal Dutch Shell plc



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