LLK-International is launching regular supplies of lubricants to the Islamic Republic of Afghanistan, including for the needs of the Defense Ministry and other Afghan defense and law-enforcement agencies. The relevant contract was signed in February 2013 during an official LLK International delegation’s visit to Kabul.
According to the terms and conditions of the contract, the first 100 metric tonnes will be shipped in March 2013 and it is planned to increase deliveries to 1,000 metric tonnes by the end of the year.
LUKOIL’s oil business development strategy identified expansion of the company’s presence in the countries of Central Asia and the Middle East as a priority task, according to head of the Russian delegation, LLK-International Commercial Director Alexey Strelchenko.
In order to satisfy the steadily growing demand in Central Asia and the Middle East, LLK-International plans to build a blending plant in the south of Kazakhstan by 2017. The plant will have an output rate of up to 100,000 metric tonnes per annum of various industrial and motor oils. Aggregate sales will amount to $200 million a year and investment in construction of the plant is estimated at $100 million.